Negative headlines may have dominated talking points in the US, but, in contrast, European and Asian policymakers are moving ahead on crypto digital innovation.
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In the past few months, U.S. bank regulators issued policy statements highlighting the risk of crypto, the Fed denied Custodia Bank’s membership application, and the SEC has been pursuing regulation by enforcement, including the recent Wells notice sent by the SEC to Coinbase. The mood in the U.S. has not been positive. Now, data indicates digital innovation is moving out of the U.S.
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