đHey crypto enthusiasts! Congress seems to be warming up to crypto, but President Biden might still be a roadblock, says Senator Cynthia Lummis.đ
đH.J.Res. 109, which simplifies crypto custody for banks, passed both the House and Senate. But Biden might veto it, despite bipartisan support.đ€
đWhile the White House's tone on crypto has softened, Lummis warns that Biden's veto threat still looms. She hopes the strong bipartisan vote will make him reconsider.đ
đ”Some Democrats, especially the "progressive wing", remain skeptical of crypto. They're uncomfortable with assets not controlled by the government.đïž
đąLummis encourages the crypto community to reach out to their representatives, educating them about digital assets. She sees 2024 as a crucial year for shaping crypto policies.đłïž
đŁïžWhat do you think? Will Biden veto the pro-crypto legislation? Share your thoughts below!đ #CryptoNews #DeFi