How does the US approach to cryptocurrency regulation differ from other countries?
Could you elaborate on how the United States' approach to cryptocurrency regulation differs significantly from that of other countries? Is there a distinct legal framework or set of policies that sets it apart? Do these regulations tend to be more lenient, stringent, or unique in some other way? How do the US authorities balance the need for innovation and consumer protection in this rapidly evolving sector? Are there specific instances or case studies that highlight these differences in practice? Understanding these nuances would provide valuable insights into the global regulatory landscape of cryptocurrencies.