Biden-Era Crypto Policy Left Industry in Regulatory Limbo, Critics Say
Former Biden economic advisers faced criticism for claiming vindication in cryptocurrency policy, with analysts arguing the administration’s enforcement-heavy approach harmed legitimate businesses while allowing fraudsters to thrive. In a February 26 New York Times opinion piece, former Biden economic advisers Ryan Cummings and Jared Bernstein attributed bitcoin’s price decline from its 2025 peak as evidence…
