According to Odaily Planet Daily, whether the bipartisan bill restricting lawmakers' stock trading should also apply to their cryptocurrency holdings has divided the two sponsors of the House stock ban legislation. Democratic Representative Abigail Spanberger of Virginia and Republican Representative Chip Roy of Saskatchewan are leading the bill, which requires that stocks be placed in a blind trust so that lawmakers cannot use privileged information to trade.
Abigail Spanberger insists that stocks and cryptocurrencies are similar in that their values are both affected by lawmakers. Their conflict is the latest indicator of the nascent crypto industry's growing visibility in Washington, and with more than $100 million in funding to support the election of crypto-friendly politicians who could help create a more favorable regulatory environment, Chip Roy doesn't see it that way.
