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2024: Regulatory Clarity and Crypto Industry Developments in the United States
The year 2024 is poised to bring about significant regulatory changes in the crypto industry within the United States. With pending cases and proposed executive agency rules on the horizon, these developments have the potential to shape the future of the industry. Key cases, such as Coinbase's legal challenge to the SEC and Ripple's battle over the definition of cryptocurrencies as securities, are expected to have far-reaching implications. Additionally, proposed rules by executive agencies, such as broadening the SEC's definition of "exchange" and the IRS outlawing DeFi, could further impact the industry's trajectory. As the crypto industry continues to evolve, these regulatory developments will play a crucial role in providing clarity and stability for market participants.
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