US Senator Cynthia Lummis has not only become the first politician to admit to investing in cryptocurrency, but has also initiated a bill to regulate digital assets.
The senator is working on a regulatory framework that would allow individuals and companies to own and trade cryptocurrency in the US.
Establishing clear rules and regulations will help attract investment and capital to the cryptocurrency industry. Investors can feel more confident about the legal status and protection of their interests, which will facilitate the development of the crypto-asset infrastructure.
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