Blockchain arms race risks being won by ‘adversarial nations’ — US crypto lobby group By Cointelegraph

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© Reuters.

A blockchain lobbying group backed by the likes of Goldman Sachs (NYSE:), Citi Group, Circle and Fidelity has urged the United States Congress to pass a legal framework for digital assets or risk falling behind other nations.

On May 19, the U.S. Chamber of Digital Commerce sent a call to action to Congress and the Senate to prioritize passing a national approach to crypto regulation.

Excerpt of Chamber of Digital Commerce call to action. Source: Chamber of Digital Commerce