Digital assets and crypto are the new Space Race.
To bolster America’s global leadership, ensure our national security, and support innovation in our financial markets – it’s vital to cultivate an environment that allows these technologies to grow and thrive here in the U.S. pic.twitter.com/Kle9eUhWTF
@FinancialCmte: Despite the rapid growth of digital assets – like crypto – companies in this industry face difficulty growing here in America. I asked for the impact to U.S. competitiveness if this pace continues.
@BitGo CEO: “It would be devastating to the American business.” pic.twitter.com/94o3sPKavj
Testimony at @FinancialCmte suggested that getting to a regulatory structure is “not a race.” But that is wrong. There is a great risk to American leadership if we fail to establish clear guidance and rules for digital asset innovators while other countries move full speed ahead. pic.twitter.com/EXXCd8wFUO