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The cryptocurrency industry is known for being unregulated, but after billions of dollars have been lost, a new bill has been filed in the legislature to help protect investors. Heres K views daranee shahrin. An attempt to bring regulation to the unregulated cryptocurrency industry in Texas. We need to restore the reputation of this industry by setting out best practices. Lee Bratcher is the president of Texas Blockchain Council, the association helping lead the charge to make Texas the crypto hub. This is a world changing technology and there are always obstacles and unfortunate occurrences in any technological revolution. The most obvious obstacle? Lowering fraud concerns in the industry, especially after FTX exchange, one of the largest cryptocurrency exchanges, collapsed when it didnt have enough funds to pay investors back. And now its accused of taking billions of dollars from customers using customer funds to do all sorts of things. And so it was disappointing. It is a set ba