Treasury Secretary Steven Mnuchin had stated earlier in February that the U.S would soon see the arrival of crypto regulations.
Crypto regulations are viewed as a barrier to innovation and adoption, but the lack of clear regulation puts the space at a greater risk.
“You can’t regulate a new space, based on 1993 laws,” he had noted.
Central bank digital currency [CBDC] is a hot topic in the crypto space at the moment; several countries have joined the race with China leading the pack.
Responding to this, Williams stated,

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