Plunge in crypto values boosts calls for regulations | The Hill

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A plunge in cryptocurrency values and the collapse of popular tokens are stoking panic among some investors and boosting pressure on Washington to act. 

Rising interest rates and recession risks have caused sharp sell-offs across financial markets, including the stock market. Many crypto investors have seen their holdings evaporate -- along with major players in the burgeoning digital asset space.


Cryptocurrencies and the platforms used to exchange and hold them often straddle the gaps between different rules and regulators at both the federal and state levels. Lawmakers in both parties generally agree on the need for adjusting current financial regulations to better fit the unique ways crypto blurs traditional lines between securities, commodities and currencies.



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This page contains a single entry by Leonard E. Sienko, Jr. published on May 15, 2022 4:43 PM.

Texas judge is reprimanded following the shackling of 2 lawyers in courtroom--ABA Journal was the previous entry in this blog.

Alito Calls Decision Expanding LGBTQ Rights 'Indefensible'--TPM is the next entry in this blog.

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