United

Chuck

<ul class="wp-block-list news-points"> 
 <li>Schumer aims to pass crypto regulation by year’s end, modeled after AI safeguards.</li> 
 <li>He emphasizes balancing innovation &amp; safety in crypto regulation for national security.</li> 
 <li>Growing crypto use prompts Schumer’s call for bipartisan support to maintain U.S. innovation lead.</li> 
</ul> 
Eleanor Terrett, a journalist in the crypto community, recently took to X to share developments in the ongoing discussions surrounding <a href="https://coinedition.com/u-s-treasury-department-releases-new-tax-rules-for-crypto-industry/">crypto regulation</a> in the United States. Eleanor highlighted comments made by Senate Majority Leader Chuck Schumer regarding his ambitions for crypto regulation.&nbsp; 
Schumer expressed his intent to adopt cryptocurrency regulation after the approach taken with artificial intelligence (AI), aiming to have a bill passed through the Senate and signed into law by the end of the year. 
According to Terrett’s post, Schumer outlined his vision for crypto regulation, stressing the importance of striking a balance between adopting innovation and ensuring adequate safeguards.&nbsp; 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;">NEW: Going through my <a href="https://twitter.com/SenSchumer?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">@SenSchumer</a> notes and here’s what he said about his goal for <a href="https://twitter.com/hashtag/crypto?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#crypto</a> regulation, which he wants to model after <a href="https://twitter.com/hashtag/AI?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#AI</a> regulation, and get it done by the end of the year: “My g…
 </blockquote>
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The post <a href="https://coinedition.com/u-s-crypto-regulation-by-2024-schumer-lays-out-his-strategy/">U.S. Crypto Regulation by 2024? Schumer Lays Out His Strategy</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

U.S. Crypto Regulation by 2024? Schumer Lays Out His Strategy

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