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Perianne Boring, the founder and CEO of the Chamber of Digital Commerce, declared that Senator Elizabeth Warren's crypto regulation bill is unlikely to pass. She asserts that, as it currently stands, the bill doesn't have a fighting chance at the federal level.

The Chinese government, known for its cryptocurrency ban, is showing signs of easing its policy on decentralization. It has announced plans to support the development of the Web3 ecosystem, dApps, and NFTs. This new approach is detailed in a recent strategic planning document released by China’s Ministry of Industry and Information Technology.