The U.S Congressional Committee has taken a significant step forward in the crypto regulatory landscape by passing two pivotal bills. These bills are designed to provide a clearer framework for the cryptocurrencyCryptocurrency is a form of digital or virtual currency that uses cryptography for security and operates independently of a central authority or traditional banking system. Cryptocurrencies leverage blockchain technology to gain decentralization, transparency, and immutability. Key Features: • Decentralization: Cryptocurrencies operate on a decentralized network of computers, meaning no central authority governs or regulates it. • Cryptography: Secure transactions and... industry, addressing many of the ambiguities that have plagued the sector. The primary objective is to foster innovation while ensuring consumer protection. By removing existing regulatory barriers, the U.S aims to position itself as a leader in the global digital asset space, encouraging businesses and investors to operate with confidence.
