As a former public servant, I believe there is a role for the government in overseeing the cryptocurrency industry. However, recent regulatory announcements โ including directives from the U.S. Federal Reserve and executive branch designed to debank crypto firms, a pending lawsuit against the largest and most trustworthy U.S. exchange, Coinbase, and increasingly hostile rhetoric from Congress โ are far from appropriate.
Where the U.S. Government Went Wrong in Regulating Crypto
