This is where the devil is in the detail really. Always read through articles and think about the real ramifications of it.
On the one side, bigger Cryptocurrency companies pushing back against increasing legislation because of interest on crypto assets, with banks wanting a piece of the action.
Yet, this legislation is really about government trying to strangle a totally new innovative space, the advent of stablecoins. With stablecoins being largely about being backed by treasuries.
Coinbase (COIN) CEO Brian Armstrong says company opposed crypto bill to protect consumers 

Coinbase (COIN) CEO Brian Armstrong says company opposed crypto bill to protect consumers
Armstrong told CNBC that his firm pulled support for a sweeping digital assets bill after finding provisions that could have harmed consumers and s...



