HomeDIGITAL ASSETS REGULATORYworldwide-stablecoinNew Legislation on Cryptocurrency for Congress to Consider in 2024: Protecting the...

New Legislation on Cryptocurrency for Congress to Consider in 2024: Protecting the Freedom of Self-Hosted Wallets

In 2024, Congress has the potential to make significant changes to the cryptocurrency landscape. One area of focus could be amending the definition of “legal tender.” This could have implications for how cryptocurrencies are recognized and regulated in the United States. Additionally, Congress may consider codifying a right to own self-hosted wallets. This would provide individuals with more control over their cryptocurrency holdings and could address concerns about government overreach or restrictions on personal ownership. Overall, there is a lot of potential for legislative action on crypto in 2024, with the potential for significant changes to the industry.

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