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The United States will become the global crypto and blockchain leader

The United States will become the global crypto and blockchain leader

On Oct. 6, Gary Gensler, head of the U. S. Securities and Exchange Commission (SEC), confirmed during a House Committee on Financial Services hearing that the regulator will not ban cryptocurrency.

U.S. regulators are incorporating the cryptocurrency industry into its financial system –  allowing the traditional banking system to work alongside the new and fast-growing decentralized financial system. This could enable the U.S. to become a frontrunner in fintech development, blockchain technologies and decentralized application.

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