Crypto Bills Show Consensus On Need For Federal Oversight

By Jonathan Marcus and Stephanie Cannuli ( April 21, 2021, 5:46 PM EDT) -- The advent of bitcoin over a decade ago spawned an explosion in decentralized, peer-to-peer financial structures using distributed ledger technology, such as blockchain, that are challenging the traditional financial regulatory landscape. U. S. regulators have sought to apply principles and rules from a different era to protect the financial markets for public investment without stifling innovation. . . .

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