US Congress Crypto Regulation

In 2021, Congress introduced 35 bills related to cryptocurrency and blockchain technologies and policies. This mostly included the regulation of cryptocurrencies, blockchain use cases for other areas of the economy and government, and consideration of a U.S. CBDC (Central Bank Digital Currency).
Regulation is still top priority for lawmakers and even crypto enthusiasts who want to see further adoption, which means further regulation in most cases. Regulatory uncertainty has surrounded the cryptocurrency space since its inception, and is more important than ever with its usage constantly going up.

The Terra Luna crash has shown the need for further, clearer regulation. To date, Congress has introduced 50 bills relating to cryptocurrency regulation, blockchain, and CBDCs.

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The World Economic Forum (WEF) hosts an annual meeting attended by political, business, cultural leaders. “It is independent, impartial, and not tied to any specific interests. The Forum strives in all its efforts to demonstrate entrepreneurship in the global public interest while upholding the highest standards of governance." These meetings are famously hosted in the city of Davos in Switzerland. This year Davos will also host the Blockchain Hub Davos 2022 from May 23-25 (during the WEF annual meeting). The Blockchain hub has similar goals in mind, but focusing on crypto on blockchain and furthering both technologies.

This years WEF meeting is scheduled to take place May 22 - 26, after a virtual event earlier this year focused on global economic recovery along with common topics such as global cooperation and climate action.