Pro XRP Lawyer John Deaton Blames Warren & Biden on Partisan Crypto Stance
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Pro XRP Lawyer John Deaton criticizes Sen. Warren and President Biden for their partisan stance on cryptocurrency, emphasizing the need for innovation.
HIGHLIGHTS
93 million Americans own crypto, similar to the 65 million who own dogs.
Bipartisan support in Congress to repeal SEC’s SAB 121, vetoed by Biden.
Crypto adoption in the U.S. increased from 30% to 40% in just one year.
Pro XRP lawyer John Deaton has accused Senator Elizabeth Warren and President Joe Biden of being too political in their approach to cryptocurrency regulation.
Deaton, who is contesting with Senator Warren in the forthcoming election, believes that regulation of digital assets should transcend partisan politics, focusing on the fact that innovation is needed in light of different issues facing the country.
John Deaton Blames Warren & Biden on Partisan Crypto Stance
John Deaton’s critique emerges at a time when the U.S is faced with challenges like immigration, inflation, and healthcare costs.
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However, according to Deaton, Senator Warren seems to be overly preoccupied with crypto regulation, something that may cost her the support of many American voters.
In the view of Deaton, Warren’s attention to this aspect has to be in line with the needs of the people she represents.
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