A recent report, as highlighted by Bessent, outlines over 100 regulatory and legislative actions aimed at addressing key issues in the cryptocurrency sector. These actions focus on countering illicit finance, ensuring fairness and predictability in crypto taxation, reinforcing dollar dominance through stablecoins, and modernizing bank regulations for digital assets. Bessent encouraged businesses to establish their operations locally, stating, "So start your companies here, launch your protocols here, and hire your workers here. You'll be glad you did."
Bessent Highlights Over 100 Regulatory Actions in Crypto Report
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