Assessing the progress of the United States in becoming the world's crypto capital
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According to a report by Bijie Network: In an open letter urging the United States to become the capital of cryptocurrency a year ago, the U.S. has made significant progress on three major priorities: supporting U.S. crypto companies (Rating: A-), promoting open and other crypto values (Rating: B+), and fostering a friendly business environment (Rating: B). Key developments include market structure legislation, stablecoin regulations, and the advancement of traditional finance (TradFi) integration, all of which have benefited from a shift in regulatory attitudes. However, challenges remain in finalizing legislation, protecting core values from harsh regulation, and reducing regulatory fragmentation at the state level. The overall direction is positive, but continued efforts are needed to consolidate the U.S.'s leadership position.
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