As a former public servant, I believe there is a role for the government in overseeing the cryptocurrency industry. However, recent regulatory announcements – including directives from the U.S. Federal Reserve and executive branch designed to debank crypto firms, a pending lawsuit against the largest and most trustworthy U.S. exchange, Coinbase, and increasingly hostile rhetoric from Congress – are far from appropriate.
Source: https://www.coindesk.com/consensus-magazine/2023/03/25/where-the-us-government-went-wrong-in-regulating-crypto/?utm_medium=referral&utm_source=rss&utm_campaign=headlines