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Democrat division over crypto isn’t all bad news for regulation -Breaking

by Mike Robinson

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While the Biden administration has passed an executive ordering to further research crypto assets for regulatory purposes, political leaders in the ruling Democrat party still remain divided over digital currency.

The lack of consensus among Democrats could mean that a progressive regulatory framework for cryptocurrencies could still be a long way off —but also makes it more likely the eventual regulations won’t be too harsh thanks to the work of crypto-friendly representatives. It is well-known to the crypto community that the same names keep cropping up again and again in the debate about digital assets.

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