He pointed to ongoing efforts in both the House and Senate to develop a clear and effective market structure for cryptocurrencies, suggesting that well-crafted U.S. regulations could set a standard for global best practices.
The hearing took place amid heightened debate over how Congress should approach crypto legislation, as the industry seeks regulatory clarity and international competitiveness.
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Source: https://coindoo.com/treasury-secretary-says-u-s-should-lead-in-digital-asset-market/