Why is crypto trading difficult in the United States?

Why is crypto trading perceived as particularly challenging in the United States? The regulatory landscape appears to be more complex, with a variety of state and federal agencies overseeing the industry. This fragmented approach often leads to confusion and uncertainty among traders, who are forced to navigate a maze of rules and regulations. Additionally, the tax treatment of cryptocurrencies varies significantly from traditional assets, further complicating matters for investors. The lack of clarity in these areas makes it difficult for crypto traders in the U.S. to operate efficiently and confidently. Could you elaborate on some of the specific challenges and obstacles that crypto traders in the U.S. face?