I guess we all seen this coming.
For those of us that use Bitcoin (probably most of us here), it seems unclear what the ultimate effects are going to be.
Politics aside, losing a free market anonymous currency like Bitcoin can't be good. And if the aim is to make it as traceable as as a debit card, then what's the point of crypto?
U.S. financial authorities are preparing to actively regulate the $1.5 trillion cryptocurrency market amid growing concerns of a lack of oversight, the Financial Times reports.
Why it matters: New efforts under the Biden administration reflect a break from the Trump-era approach, in which the administration at times encouraged cryptocurrency use within the financial system.
https://news.yahoo.com/news/u-plans-...151803743.html
I hope someone stops them from overregulation of this. Cash is literally all we'll have left.
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