Several American lawmakers noted that China’s hash fight on virtual assets, including bitcoin, is a great opportunity for the U.S. to lead the race in the crypto industry.
Senator Pat Toomey from Pennsylvania noted that it is also a reminder of a serious advantage over China.
He added that Beijing operates against economic freedom, but this technology can lead to a quick boost, a higher standard of living. The country is not ready to let citizens participate in the most exciting innovation in finance in decades.
