Crypto executives urge for clearer industry rules
Top crypto executives from six major companies on Wednesday asked Congress to provide clearer rules for the rapidly expanding industry
By Shubhangi Mathur
Published - Dec 08, 2021, 11:21 PM ET
Last Updated - Jul 08, 2024, 06:27 AM EDT
• Executives emphasized for careful rules rather than forcing the existing regulations on them
• Regulators have been worried about the rapid growth of cryptocurrencies and stablecoins
Top crypto executives from six major companies on Wednesday asked Congress to provide clearer rules for the rapidly expanding industry.
The executives from six major cryptocurrency companies including Coinbase and Circle have emphasized for careful rules rather than forcing the existing regulations on them.
