US Examines How To Regulate Crypto, And Top Companies In The Industry Are Making Sure Their Voice Is Heard...

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A battle is brewing in Washington over how to regulate the cryptocurrency industry, and industry leaders want to make sure they have a say.

The top currency companies have hired lobbyists, lawyers and consultants in an effort to gain greater influence over how much, or how little the industry is regulated.

Eric Lipton, a reporter with the NY Times says the Biden administration knows they'll have to address the issue. 

Video courtesy of CBS News

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