US prosecutors have stated that the establishment of cryptocurrency policy should be the responsibility of Congress rather than the courts. This position reflects a growing concern regarding the regulatory framework surrounding digital currencies. Prosecutors argue that legislative bodies are better equipped to create comprehensive and effective regulations that address the complexities of cryptocurrency. They emphasize that courts may lack the necessary expertise to navigate the rapidly evolving landscape of digital assets. The call for congressional action highlights the need for clear guidelines to ensure the responsible use and management of cryptocurrencies in the United States.
