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Navigating Cryptocurrency Regulation
This chapter explores the urgent need for a new regulatory framework for digital assets in the U.S., focusing on the Lummis-Gillibrand bill and the fit for the 21st Century Act. It discusses the political dynamics influencing legislation, the challenges of unclear regulations, and the impact on Bitcoin and other digital asset companies. The chapter emphasizes the importance of civic advocacy in shaping policies that can foster a favorable legal environment for innovation in the cryptocurrency space.