While Congress debates whether to regulate digital assets, the rest of the world has stopped debating and started building. In the last two years, nearly every major financial center has adopted, or is finalizing, a comprehensive framework for digital assets. The United States, which has long set the global standard in finance and innovation, is now the conspicuous holdout. Congress can close that gap by passing the CLARITY Act, and the time to do it is now.
The European Union’s comprehensive crypto regime, called Markets in Crypto-Assets Regulation (MiCA), is fully in force this summer, and… Read More in Real Clear Politics