This is exactly what EVERYONE said about crypto. Any regulation is bad. I got crucified on here for saying that the industry needed regulation to expand it to normies. Now EVERY major player is giving money via Crypto PACs, trying to get MORE legislation finalized. Trying to pick which agency will oversee them and how. How transactions will be handled and taxed and what reporting is required This is no different. https://www.irs.gov/filing/digital-assets(Mark Cuban)