AMERICAN LEADERSHIP, JOBS, AND INNOVATION

Summary from the TLDR Crypto newsletter

This post from Coinbase preempts today’s oversight hearing and highlights how the G20 group of countries have agreed to create a standard set of regulations for cryptocurrency amid global movement towards the regulated use of digital currency. This comes as the US Congress prepares to pass relevant legislation, while the SEC persists with an enforcement-only approach to regulation. In contrast to global trends, this approach threatens to cost the US millions of jobs and an opportunity to lead the digital asset market.