It’s been almost two months since President Joe Biden took office and, for Bitcoin believers, his arrival has brought modest good news.
Most notably, the Biden Administration appears to have called off a campaign by the former Treasury Secretary to impose onerous new rules on the crypto industry, a campaign many saw as an anti-crypto vendetta. Meanwhile, Biden’s choice to lead the SEC is a former MIT blockchain professor who may not pursue pro-crypto policies, but clearly understands Bitcoin deeply.
This is a departure from the Trump Administration, whose members, including the former President himself, often expressed outright hostility to Bitcoin and crypto. But the US is still a long ways from developing policies to encourage crypto innovation. The law here is a mess as different agencies pursue competing, or even contradictory, regulations. And Congress, which passed laws in the 1990s to help the country lead the world in Internet technology, seems content to let other countries t
Źródło: https://decrypt.co/61239/bitcoin-and-uncle-sam-its-complicated
