CoinDesk·3 min read·medium
‘It has to pass’: Andrew Cuomo warns U.S. is falling behind on crypto rules
H
Helene Braun
✦AI Summary
Former New York Governor Andrew Cuomo has urged Congress to pass the Clarity Act to establish federal regulations for the cryptocurrency market. He argues that the lack of clear rules is causing the U.S. to lose competitive ground to the European Union.
“It can pass because it has to pass because we’re already way behind,” Cuomo said Tuesday at the SALT conference in Jackson Hole, Wyoming.
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