“If passed, the act would streamline a number of disparate cryptocurrency regulations in the U.S., creating legal clarity for token issuers and lowering the barrier to entry for exchanges hoping to operate in a compliant manner.”
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This isn’t the first time I’ve heard such an idea floated. To be honest, the hallmark of crypto seems to be its volatility. I can only imagine regulating it would alienate the existing community and bring in a flood of newbie investors from more traditional areas like company stock trading 
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