Failure to advance crypto legislation could make the US less attractive, Moody's analysts say
Without bipartisanship on how to regulate crypto, the U.S. will be “less attractive for both firms and investors,” according to a report from Moody’s Investors Service.
Democrats and Republicans have been working on two legislative efforts to regulate stablecoins, and another that would create a pathway for a digital token to go from being treated as a security to a commodity.