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29 de sept. de 2025 LOS ANGELES (AFP) - Tesla chief executive Elon Musk thinks US regulators should take cryptocurrency out of their crosshairs, leaving it free to ‘fly’, he told a I suppose cryptocurrency is fundamentally aimed at reducing the power of a centralized government, and they don't like that. Part of China's concern could also be over electricity 29 de sept. de 2025 Elon Musk said he thinks US authorities should stand away from regulating cryptocurrencies, as their intervention could hold back growth. It is not possible to, I think 29 de sept. de 2025 In a Code Conference held Tuesday in Beverly Hills, California, Musk said the U.S. government should steer clear of trying to regulate the crypto market. New York 30 de sept. de 2025 Tesla Inc chief executive officer Elon Musk thinks US regulators should take cryptocurrency out of their crosshairs, leaving it free to “fly,” he told a conference in Beverly 29 de sept. de 2025 Musk answered that the US government should just let if fly, referring to the digital currency industry. Meanwhile, SEC chair, Gary Gensler, said that regulations are

Elon Musk Urges Regulators: Let Cryptocurrency Thrive

Elon Musk, CEO of Tesla and SpaceX, believes US regulators should ease their grip on cryptocurrency and allow it to flourish. Speaking at the Code Conference in Beverly Hills, California on **September 29, 2025**, Musk passionately argued that authorities should let the digital currency industry "fly."

According to an AFP report from **September 29, 2025**, Musk stated that he believes US regulators should take cryptocurrency out of their crosshairs, leaving it free to ‘fly’. He voiced his opinion that excessive regulation could stifle innovation and growth within the crypto market. A **September 30, 2025** report from New York reiterated Musk\'s stance, highlighting his belief that regulators should simply allow the crypto space to develop organically.

Musk also addressed potential government concerns, noting, "I suppose cryptocurrency is fundamentally aimed at reducing the power of a centralized government, and they don\'t like that." He alluded to China\'s stance on crypto, mentioning that "Part of China\'s concern could also be over electricity" consumption. Musk suggested that the core principle of decentralization, inherent to cryptocurrencies, might be a driving force behind regulatory apprehension.

The Tesla CEO\'s comments, made on **September 29, 2025**, come at a time when the Securities and Exchange Commission (SEC) is actively considering regulatory frameworks for the digital asset space. SEC chair Gary Gensler has repeatedly stated that regulations are necessary to protect investors. However, Musk\'s view, expressed on **September 29, 2025**, is that such intervention could hold back growth and innovation.

In essence, Elon Musk wants US regulators to adopt a more hands-off approach, giving cryptocurrency the space to develop and evolve without undue restrictions. His call to "just let it fly," as reported on **September 29, 2025**, reflects his belief in the transformative potential of digital currencies and the need for a less restrictive regulatory environment.

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