Government was 9, 10 years in making rules that governed what the market had already done. But this is an extraordinarily long period of time. 2009, crypto takes off, we still don't have the rules in place. So called Clarity act, which is aptly named, which would provide clarity. Because what the companies are saying is tell me the rules, tell me the regulations. I need a referee. (11:41–11:46)
CLAIM
Asserts that since 2009, when crypto took off, rules are still not in place.
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