📢Good news! Ron Wyden, a U.S. senator from Oregon, recently expressed his support for overturning the resolution of the U.S. Securities and Exchange Commission's "Staff Accounting Bulletin 121", while expressing doubts about the threats to personal and financial privacy online. 🔍

Wyden emphasized that what cryptocurrency really needs is a sound regulatory system, which is exactly what Republican Congressman Patrick McHenry is trying to do. He believes that severe measures should be taken against scammers and fraudsters. 👮‍♂️

We see that McHenry is working hard to establish a regulatory system that focuses more on combating fraud and scammers, which is a very correct direction. 👍

This is undoubtedly a positive signal for Bitcoin and the entire cryptocurrency market. Let's wait and see how this new regulatory system will affect the cryptocurrency market in the future! 🚀