đš Senator Chuck Schumerâs Latest Move Leaves Crypto Out of the Bipartisan Agenda đš
Senator Chuck Schumerâs recent âDear Colleagueâ letter has left cryptocurrency off the latest bipartisan agenda, despite his earlier comments at the âCrypto4Harrisâ town hall. Schumer had expressed optimism about passing a bipartisan crypto regulation bill by year-end, aiming to balance innovation with common-sense guardrails.
During the Crypto4Harris eventâorganized by Vice President Kamala Harrisâs supportersâSchumer emphasized the need for the U.S. to stay competitive and not let crypto go overseas. He had committed to getting a crypto regulation bill through the Senate and into law by December.
However, his latest letter has sparked criticism from the decentralized community. Some argue that the Biden-Harris administration shows a lack of genuine commitment to crypto issues, with frustrations voiced on social media about the administration's actions versus their rhetoric.
Despite the setback, Harris's campaign still accepts crypto donations via Coinbase. Yet, cryptocurrency and blockchain remain absent from her official website, reflecting the administrationâs cautious approach to digital assets.
Backing from pro-crypto Democrats like Mark Cuban and Chris Larsen hasn't translated into momentum in the betting markets, where odds are leaning towards Trump.
Stay tuned for more updates as this political and crypto drama unfolds! đđŹ
#CryptoPolicy #ChuckSchumer #KamalaHarris #Crypto4Harris #Binance