The absence of clear cryptocurrency regulations in the US has resulted in a free-for-all among regulators trying to "grab authority" for themselves, according to Senator Pat Toomey. Speaking on Bloomberg's Odd Lots podcast, the Republican lawmaker called on Congress to establish "legislative guidelines" for the cryptocurrency industry, in order to "create an environment" for it to "thrive" and attract wider adoption.... Read More: Why Lack of Clear Crypto Regulation Leads to Land Grab by US Agencies: Senator Toomey