US indeed is trying to introduce harsher measures in crypto field and we have seen some significant changes in 2019. IRS has also designed a new tax form for individuals to declare the crypto holding of their citizens! But it is always better to have something than nothing! Majority of the nations don't have any regulations around cryptos and many other have banned it! At least it's not banned in US and people are still able to function!
I fully agree. USA has been a strict but lucrative market and as one of the new industries around we should not and could not be demanding much, so we should allow the government to take the time because eventually a clearer view on regulations will be slowly taking place. There is no magic here. Regulations can be taking time, and we should allow its evolution to happen gradually. Indeed, strict regulations is a lot better than an outright ban just like what the government of China is doing where even exchanges are finding it hard to operate and do business. In the USA, people have the free means and ways to express whatever ideas and opinions they may have even contrary to the existing government, and that is something may not be true in other countries. Let's count the blessings not so much on things lacking.
