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US GAO says lack of interagency cooperation needs to be addressed in crypto regulation

The 77-page report was requested by Reps. Maxine Waters (NYSE:WAT) and Stephen Lynch before the midterm elections, when they were the chair and ranking member, respectively, of the House of Representatives Financial Services Committee. The report unsurprisingly found that more regulation is needed. The agency has a framework for evaluating regulatory reform proposals developed in 2009.

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Source: Cryptocurrency - investing.com

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