A big fight is brewing over cryptocurrencies. These are some key players to watch
Cryptocurrency is at a crossroads.
As its popularity explodes, the Biden administration is laying the groundwork to set rules for an industry that has surged in popularity, but has so far fallen into a regulatory netherworld.
That's sparking what's likely to be a heated debate about which agencies have the authority to regulate cryptocurrencies such as Bitcoin – and what Congress' oversight responsibilities should be in a market that has grown to $2.5 trillion, or slightly less than the size of France's economy.
Currently, the expectations are that supervision will likely be spread across several regulators, including the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).
Yet there's a divergence of views of
