Quote Originally Posted by Plan B View Post
America tries to sort out its mess, crypto mess, not the other mess.

Digital Commodity Exchange Act of 2020: US Lawmakers Propose Single National Crypto Framework | Bitcoin News


According to the bill summary provided by Conaway, the legislation aims to “fill in the regulatory gaps” that exist between the CFTC and the U.S. Securities and Exchange Commission (SEC) in digital asset markets
Some may consider these initiatives currently being formulated, as similar to the Chinese banking regulator/ government's efforts.

Quote Originally Posted by misskit View Post
China's banking regulator has vowed to crack down heavily on the "disorderly expansion of capital" and "chaotic innovation" among tech companies providing financial (fintech) services