U.S. Representative Peter Van Valkenburgh said on X that the United States should embrace crypto networks rather than attempt to ban them. He described legalization as a better path than prohibition and said such an approach would help preserve U.S. power on the global stage. Van Valkenburgh also argued that crypto networks cannot be regulated out of existence. In his view, the best response is to acknowledge that these networks exist and legalize them, with the goal of supporting innovation and keeping the United States in a leading position in technology. The post cited in the Techub News item was shared by @laurashin.
According to Techub News, U.S. Representative Peter Van Valkenburgh said in a post on X that the United States should not try to ban cryptocurrency networks and should instead embrace the technology.
He said legalizing crypto technology is a better path than prohibition and added that such an approach would help maintain U.S. power globally. Van Valkenburgh also said crypto networks cannot be regulated into disappearance. He described the best strategy as recognizing that these networks exist and legalizing them in order to support innovation and preserve U.S. leadership in technology.
The post referenced in the item was attributed to @laurashin.
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