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Circle CEO Claims US Is Becoming a "Decisive Leader" in Cryptocurrency

Jeremy Allaire, CEO of stablecoin issuer Circle, wrote in an X post on Friday that the United States is at a "turning point" in the cryptocurrency space and is about to become a "decisive leader" in nurturing the technology. Mr. Allaire said there were a number of "complaints" about the hostile attitude of the US government towards the cryptocurrency industry. However, he did not share this view, and he was not alone.