๐Crypto enthusiasts, gather 'round!๐ President Biden missed a golden chance to "correct" his stance on crypto assets, says pro-crypto U.S. Senator Cynthia Lummis. She's not backing down though, vowing to keep fighting for financial innovation and crypto protections.๐ช
The drama unfolded when Biden vetoed a resolution to overturn the SEC's SAB No. 121. This guideline makes holding customers' crypto assets less attractive for public banks. Lummis argues this goes against the "will of the American people".๐ฅ
Despite this setback, support for crypto is on the rise among Senators. Even Ted Cruz is jumping on the bandwagon, announcing he's started Bitcoin mining.๐จ๐ฐ
What's your take on this? Are we seeing a crypto revolution in the Senate? Let's chat in the comments! #DeFi #Web3 #CryptoNews