In a Jan. 30 congressional hearing on mobile payments, U.S. Representative Tom Emmer fears criticism of digital payment innovation may stifle progress.
Emmer laid out his concerns over regulation smothering innovation: “There’s a whole environment out there of brilliant, genius, young people who are coming up with new ways to transfer value every single day,” he said. “I worry that we’re going to crush that entrepreneurial spirit and that advancement.”
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Source: Cryptocurrency - investing.com
