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Crypto's Regulatory Shift and Power Players
This chapter explores a pivotal moment in the cryptocurrency landscape, marked by a speech at a major Bitcoin conference advocating for regulatory relief and support for the industry. It delves into the ongoing tensions between the crypto sector and regulatory figures, highlighting challenges such as fraud and bankruptcy. Additionally, the chapter examines the significant political influence of the crypto industry and the key roles of figures like David Sachs and Howard Lutnick in shaping the future regulatory environment.