Over the past few weeks, a large number of representatives of the crypto industry have spoken out on the bipartisan infrastructure law. After its adoption by the US Senate, new, more stringent requirements for cryptocurrency companies and their reporting came into force.
The famous investor, billionaire Mark Cuban also managed to comment on this event. The man is known for his loyalty to digital assets and also believes that crypto innovations in the United States will bring a lot of problems to the industry.
In addition, Cuban reacted to a sharp halt in price growth in the market.
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“The current situation on the market is very much like 1995. Back then, people also did not believe in the effectiveness of using credit cards and were wary of various websites. Now, against the background of various innovations, they are also afraid to use cryptocurrency. That is temporary,” the investor noted.