Europe, 30 countries agreed on a common regulatory scheme, have a common regulator. We can't get the Senate and the House to agree for our own regulations in this country. That's what happened here. We still don't have regulations in place [for cryptocurrency]. That's the controversy about the Clarity act that was supposed to pass and finally put in regulations. Well, whatever it is here, I know it's used by hackers and sex traffickers and kidnappers. (10:02–10:05)
CLAIM
Asserts that the U.S. still lacks regulations for cryptocurrency.
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