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Cryptocurrency Regulation Shifts
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Cryptocurrency regulations are under scrutiny with presidential candidate Vivek Ramaswamy proposing mass deregulation and reducing regulatory agencies' workforce. House Financial Services Committee Chairman Patrick McHenry calls for governance limits and clarity for stablecoins, while a bill aims to provide a regulatory framework for digital assets.
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How might the disagreements between Republicans and Democrats affect the progress of stablecoin regulations in Congress?
How might the proposed deregulation impact the stability and integrity of the cryptocurrency market?
What are the potential implications of the House Financial Services Committee's proposed regulatory framework for digital assets?
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