PANews March 21 news, according to Eleanor Terrett, Maryland Representative Adrian Boafo and New York State Legislator Clyde Vanel jointly wrote to Congressional Democratic leaders, urging the establishment of a federal cryptocurrency regulatory framework to prevent the fragmentation of state regulatory policies. The letter was sent to Senator Elizabeth Warren, Amy Klobuchar, as well as Representatives Maxine Waters and Angie Craig, emphasizing that currently 35 states have introduced various types of cryptocurrency legislation, covering legal recognition of digital assets to restrictive measures. Without federal guidance, market uncertainty will further exacerbate, affecting business and financial development.

Boafo and Vanel are concerned that Democrats like Warren and Waters, who have long held anti-cryptocurrency positions, may hinder bipartisan cooperation and affect the implementation of a regulatory framework. The two emphasized that the Democratic Party has consistently led in promoting technology policy and bipartisan cooperation, hoping to continue advancing unified and clear digital market regulations to ensure that the U.S. remains competitive in the cryptocurrency economy.