Congressman takes aim at peers who think crypto could cause a ‘financial 9/11’

[newshunter]

Congressman takes aim at peers who think crypto could cause a ‘financial 9/11’

Characterizing his contemporaries as viewing the crypto sector as a “financial 9/11,” Congressman Ted Budd has warned lawmakers against driving blockchain innovation offshore.

Source: Congressman takes aim at peers who think crypto could cause a ‘financial 9/11’

Would appreciate your opinion about this

[TomPluz]

These congressmen are imagining things on their heads and many of them are supporting socialistic kind of ideas and yet afraid of cryptocurrency. The USA has a good opportunity to be a big leading nation in cryptocurrency right now but if lawmakers are not doing well with their jobs this opportunity can fly into other countries. They should focus well on crafting a good regulation for the industry that can be acceptable to all parties involved.