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Democratic congressman: Crypto regulation should not become a partisan political game and hopes that both parties will pay attention to it

Democratic congressman: Crypto regulation should not become a partisan political game and hopes that both parties will pay attention to it

Odaily2024/07/29 06:19
By:Odaily
Odaily News As cryptocurrency lobbyists and supporters gain increasing influence in Washington, there are questions about whether the Democratic Party will stick to its tough regulatory stance of the past few years or relax regulations. In a recent interview, Wiley Nickel, a North Carolina Democrat, said that every presidential candidate needs to understand that voters who support digital asset innovation will continue to support it, and emphasized that cryptocurrency regulation should not become a partisan political game. I hope to make this a bipartisan issue. I dont want Donald Trump to politicize this issue. California Democratic Congressman Ro Khanna agreed with this, believing that cryptocurrency should not be the focus of partisan debate, but needs to be regulated like other technologies. He pointed out, Opposing Bitcoin is like opposing mobile phones, artificial intelligence and laptops. It is a technology that requires thoughtful regulation. Khanna and Nickel are the only two Democrats attending the Bitcoin conference. (CNBC)
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