U.S. Crypto Lobbyists Flooding the Zone: Are There Too Many?
The article discusses the surge in lobbying efforts by various cryptocurrency interests in the U.S. as they seek to influence regulatory outcomes and enhance their visibility in policymaking. With more firms and organizations involved, there is a growing concern about whether the influx of lobbyists may dilute their effectiveness and lead to confusion among lawmakers. Industry advocates argue that such representation is vital to ensure favorable regulations that could nurture the growth of the crypto sector. However, critics question whether this saturation could overwhelm policymakers, potentially complicating the legislative process. The article emphasizes the importance of strategic lobbying and the potential impact of these efforts on the future of cryptocurrency regulation in the U.S.
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