As focus on the U.S midterm elections heat up, individuals and firms from all sectors, disciplines, and industries are eager to find out what awaits them. For the cryptocurrency space, those hopes and expectations lie in the process of the formation of next year’s Congress, with attention on the creation of a detailed regulatory framework for cryptocurrencies in the United States gaining momentum.
At the turn of the year, cryptocurrency enthusiasts were positive that regulators would look to set clear regulations, and though the sector experienced something close to that, measures fell somewhat short of expectations.
The cryptocurrency sector has seen positive indications of regulation through proposals such as Senator Lummis and Gillibrand’s sponsored bill. President Joe Biden’s Executive order in March also added to the building anticipation for legislation on crypto in the United States. However as of yet, there is…
