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Schumer Sets Stage for New Era of U.S. Crypto Politics

August 15, 2024Updated:August 15, 2024No Comments2 Mins Read
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Schumer Sets Stage for New Era of U.S. Crypto Politics
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Schumer Sets Stage for New Era of U.S. Crypto Politics

“We succeeded in spotlighting our huge tent and displaying that crypto is not only the loudest MAGA crypto bros you see on-line,” G Clay Miller, one of many organizers, instructed CoinDesk in an interview. (Miller, a former Senate staffer, has a job within the crypto business working for a number one digital property advisory agency, however says his political work is separate.)

Miller stated 15,000 folks registered forward of the city corridor and that 1,000 have been in attendance at anyone time.

The organizers’ principal purpose was to point out the surface world that Democrats have been curious about getting issues accomplished on crypto, regardless of the Biden administration’s report. It was additionally to ship a “loud message” to the Harris marketing campaign that crypto was taking note of what the vp was, and wasn’t saying, on the difficulty. Miller stated marketing campaign staffers listened in and have been impressed with what they heard.

The massive query is what it is going to take for Democrats to show to crypto folks that they’re severe a couple of “coverage reset.” It’s unclear at this stage precisely what could be included in Schumer’s invoice. However bipartisanship appears at the least doable.

Patrick McHenry (R-N.C.), who heads the highly effective Home Monetary Companies Committee and has been a number one voice for crypto laws on this Congress, tweeted help for Schumer this morning.



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