What I Learned About Crypto Regulation From a Week in DC


There’s additionally a higher understanding of crypto. A number of the regulatory response in late 2019 was centered on the then-Libra undertaking, which was introduced by social media large Facebook that summer season. Libra, on the time, was a fairly visionary undertaking that policymakers noticed as having the potential to destabilize the monetary system. The undertaking, now named Diem, has been pretty quiet over the previous 10 months (this week’s information however), and we’re seeing lawmakers specializing in broader swaths of the trade.