📢 #CryptoNews: Crypto Alliance Calls on US Government to Establish Clear Regulatory Framework for Digital Assets! 🇺🇸
🔹 CMIC Sends Letter to President Biden & Vice President Harris, Highlighting Economic & National Security Benefits of This.
🔹 Clear Regulations Protect Consumers, Promote USD & Strengthen US Tech Position.
🔹 CMIC: Digital Assets on Public Blockchains Are an Opportunity to Strengthen US Values in the Global Financial System.
🔹 USD Stablecoins Account for Over 97.5% of $164B Market, Need US Support.
🔹 CMIC Members Robinhood, BitGo, OKX, Gemini, Chainalysis, Elliptic, TRM, Kaiko & Matrixport Agree.
🔹 CMIC Praises SEC But Emphasizes Need for Clearer Regulatory Framework.
🔹 Proposed legislation: Financial Innovation and Technology for the 21st Century Act & Digital Commodities Act.
🔹 Digital Chamber also sent a letter to senators about the benefits of Bitcoin for the US.
🔹 Senator Cynthia Lummis proposed buying 1 million BTC over 5 years under the Bitcoin Act of 2024.
💬 What do you think about the future of BTC & cryptocurrency regulation in the US? Comment below! 👇#Bitcoin#Blockchain #CryptoRegulation