Bitwise CIO warns Congress may ‘fumble’ crypto regulation at final stretch

Bitwise CIO Matt Hougan warned that Congress may fail to pass essential crypto regulations, potentially leading to instability in the market.

Recent setbacks, including stalled bipartisan support for the GENIUS Act, highlight the fragmented political support for crypto regulation impacting the future.

Despite the obstacles, Hougan remains hopeful about stablecoins’ future, emphasizing their importance for the U.S. Economy.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts