"Republicans are proving that they really aren't serious about protecting investors and consumers."īitcoin, ethereum and cryptocurrencies have become a partisan issue over the last year, with high-profile Republicans such as Ted Cruz giving their backing to crypto while influential former Democrat presidential hopeful Elizabeth Warren embracing the idea she's "building an anti-crypto army."Ġ5/14 update: This week, a bipartisan bill from 2022 was reintroduced to Congress by lawmakers that would require U.S.
The memo calls on Democrat lawmakers to push back on Republican claims "they are working to provide clarity to the markets by carving out space for the Commodity Futures Trading Commission (CFTC) in crypto". "We can't invent new accommodating regulatory structures simply because crypto companies refuse to follow clear rules of the road." "The problem isn’t ambiguity-it’s mass non-compliance with existing laws," the memo reads. The document, passed to committee members by the Democratic party ahead of Wednesday’s joint House hearing on crypto policy, was leaked by Fox Business reporter Eleanor Terrett on Twitter. bitcoin and crypto industry, branded "operation choke point 2.0," following the huge bitcoin, ethereum and crypto price crash.
president Joe Biden's administration has been accused of waging a secret war against the.
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