Regulations on Crypto

They may be in a ‘Trade War,’ but the US seems to share the same perception of cryptocurrencies with China. Several bodies under the Biden administration plan on implementing guidelines that could have a direct impact on cryptocurrencies. The Securities and Exchange Commission, the Treasury Department, and the Federal Reserve have proposed policies that could potentially drive out crypto operations in the US. The situation is almost similar to the occurrences that took place during China’s recent crypto crackdown. Federal…