According to Odaily, investment bank TD Cowen has suggested that heightened regulatory scrutiny could potentially disrupt the cryptocurrency industry. The bank's report indicates that legislation shifting from a broad perspective to specific company interests could 'derail the industry'. Typically, the industry would unite to push legislative agendas, backed by coordinated lobbying efforts. However, when Congress begins to focus on a specific industry, companies start to pay attention to legislation that benefits them. This forces lawmakers to take sides within the industry, undermining the overall progress of the sector.