Paxos CEO: Formulate a welcome encryption policy to keep the United States in a leading position

Charles Cascarilla, CEO of Block infrastructure company Paxos, sent an open letter to Vice President Kamala Harris and former President Donald Trump on Tuesday, urging immediate regulatory reform to support the US blockchain and digital asset industries. Cascarela warned that the US financial system is "closed, outdated, and inefficient," and may fall behind global competitors.

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