ChainCatcher reported that according to DLNews, whether the bipartisan bill restricting legislators' stock trading should also apply to the cryptocurrencies they hold has caused disagreements between the two sponsors of the House stock ban legislation.
Rep. Abigail Spanberger, D-Va., and Rep. Chip Roy, R-Sask., are leading the bill, which would require the shares to be placed in a blind trust so lawmakers can't trade on privileged information, the report said.
Bigail 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.
