Crypto Rules: What's Next for the U. S. ?

The U. S. is making moves to figure out how to handle crypto. Paul Atkins, a big shot in the SEC, thinks a new law could be coming soon. This law would help clear up who's in charge of crypto rules - the SEC or the CFTC. Atkins spoke on Fox Business. He said this law is important. It would make things clearer for people investing in crypto. It would also help the U. S. stay ahead in the crypto world. But it's not all smooth sailing. Nic Puckrin, who knows a lot about crypto, thinks the law might not pass this month. There's still a lot to figure out. And if it takes too long, it could hurt the crypto market.The U. S. dollar isn't doing so well right now. It's lost nearly 10% of its value in a year. This makes stablecoins, a type of crypto tied to the dollar, more important. They could help keep the dollar strong. But stablecoins also compete with banks. Puckrin thinks this will push banks to change and offer better deals. That's good for people using these services. Still, there's a lot of work to do. The law might not pass right away. And even if it does, there's still a lot to figure out. But Atkins is hopeful. He thinks the U. S. can lead the way in crypto.