@cliffor
According to Cointelegraph, former Congressman Wiley Nickel emphasized that cryptocurrency regulations need to be passed by Congress to become permanent laws. He called for bipartisan cooperation to promote comprehensive crypto regulations.
Nickel pointed out that policies can be erratic if they rely solely on executive orders. He mentioned President Trump's executive orders prohibiting CBDC development and establishing a strategic reserve of Bitcoin, which could be overturned by future governments.
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