What impact does the US Treasury have on the regulation of cryptocurrencies?

1 answers

• Jan 12, 2022 · 3 years ago
  The US Treasury's impact on cryptocurrency regulation extends beyond the borders of the United States. Due to the global influence of the US financial system, actions taken by the Treasury Department can have ripple effects on the regulatory landscape of cryptocurrencies worldwide. Other countries often look to the US as a benchmark for regulatory standards, and developments in US cryptocurrency regulation can influence their own policymaking. Therefore, the decisions and actions of the US Treasury can shape the direction of global cryptocurrency regulation and impact the operations of international cryptocurrency exchanges and businesses.
  647324