The U.S. War on Crypto Isn’t Over

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CoinDesk 12h ago

The U.S. War on Crypto Isn’t Over - CoinDesk

Quick Summary:

The fact that the Trump administration has installed many crypto-friendly people in positions of power doesn’t mean that the industry will now get a free pass.

In the wake of the appointment of a U.S.crypto czar and the announcement of comprehensive crypto legislation, many believe the era of “regulation by enforcement” in the U.S.is over.

And the Illinois legislature recently began to consider a new bill called the Digital Assets and Consumer Protection Act that would empower the state to regulate any company engaged in “digital asset business activity” with an Illinois resident.