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…