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Crypto Must Be Indispensable if Bill Fails to Pass: Bitwise

by Vivek Kumar
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Crypto Must Be Indispensable if Bill Fails to Pass: Bitwise

The crypto industry will need to become ingrained in everyday life in the US should Congress fail to pass a crypto market structure bill, or risk being set back by a change in administration, says Bitwise investment chief Matt Hougan.

Hougan said in a note on Monday that legislation making its way through the Senate to clarify how regulators police crypto “would cement the current pro-crypto regulatory environment into law.”

If the bill fails, Hougan said a future administration “could reverse…

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