While people struggle to get by, Congress works to coddle crypto

By: Hugh Jackson

Outlets: Nevada Current

Published: May 18, 2026

Words: 1,107

Last Updated: 2 months, 1 week ago

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The digital currency industry has high hopes for legislation that does two things: It declares the cryptocurrency industry needn’t adhere to reporting and transparency requirements that apply to other legitimate investments, because c’mon it’s crypto, yippeee! And at the same time, it declares crypto a totally legitimate investment for everyone and anyone, so jump in, everybody!

The prospect of endangering the entire financial system by intertwining it with “assets” like, for example, highly volatile and …

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