Summary:
- The article discusses comments made by U.S. Representative Tom Emmer, who stated that the era of "regulation by enforcement" in the crypto industry is over.
- Emmer, who is the co-chair of the Congressional Blockchain Caucus, believes that the U.S. government should provide clear regulatory guidance for the crypto industry rather than relying on enforcement actions.
- The article suggests that this shift in approach could signal a more favorable regulatory environment for the crypto industry in the United States.