Senate Majority Leader Chuck Schumer’s emphasis on the importance of regulatory clarity and bipartisan collaboration in the crypto industry is a step in the right direction. His goal to pass a comprehensive crypto bill by the end of the year shows a sense of urgency in addressing the regulatory challenges faced by the industry. However,
Regulation
House Representative Ro Khanna, a pro-Bitcoin Democrat and lawyer, has indicated that the Biden administration is likely to release a cryptocurrency regulation roadmap in the near future. Khanna’s optimism stems from recent discussions between the White House and industry leaders, where he hopes that forthcoming regulations will provide clarity for companies, support innovation, and drive