Steve

<div class="cryptonews">
 <p class="is-style-lead">18 U.S. senators, including Cynthia Lummis and Ted Cruz, actively support the cryptocurrency sector.</p>
 <p>According to the advocacy group Stand with Crypto Alliance, created with the support of the Coinbase exchange, the leader among legislators in the number of initiatives to support the segment is Cynthia Lummis, who introduced eight bills and 184 resolutions over her time spent as Senator; who along with another 17 of her cohorts also took part in producing legislation favourable to the crypto ecosystem.</p>
 <p>Among others, the following <a rel="noopener noreferrer nofollow" title="senators" href="https://thebittimes.com/tag/senators.html">senators</a> are listed Ted Cruz, Kirsten Gillibrand, John Cornyn, Steve Daines.</p>
 <p>At least 30 <a rel="noopener noreferrer nofollow" title="senators" href="https://thebittimes.com/tag/senators.html">senators</a>, in turn, are against the <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>sphere the <a rel="noopener noreferrer nofollow" title="report" href="https://thebittimes.com/tag/report.html">report</a> contents. Among <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>’s most vociferous skeptics is Mark Warner, who has four bills and 17 resolutions to his name that have attempted to tighten regulation of the industry to one degree or another.</p>
 <div class="cn-block-related-link">
  <svg class="cn-block-related-link__icon icon" aria-hidden="true"><use xlink:href="#"></use>
  </svg> <span class="cn-block-related-link__prefix"> You might also like: </span> US Senator Elizabeth Warren introduces bill to crack down on crypto
 </div>
 <p>Also on the list is Senator Elizabeth Warren, whose controversial AML project aimed to make <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> exchanges and other market participants comply with the same rules as banks. That bill’s co-sponsor&nbsp;is Senator Roger Marshall, who has&nbsp;said the bill would extend certain banking requirements to a wide range of <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> market counterparties. The proposed changes would affect exchanges, miners, validators and service providers, including custodians and <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> wallets.</p>
 <p>Coinbase&nbsp;created&nbsp;ann advocacy group in mid-July 2023 to do what it can to unite and support a crypto lobby in the US, whose stated aims are to frame regulatory conditions for cryptocurrencies, exchanges and wallets alike.</p>
 <div class="cn-block-related-link">
  <svg class="cn-block-related-link__icon icon" aria-hidden="true"><use xlink:href="#"></use>
  </svg> <span class="cn-block-related-link__prefix"> You might also like: </span> Blockchain Association addresses Senator Elizabeth Warren’s crypto hiring concerns
 </div> <span class="google-news-banner__label">Follow Us on Google News</span>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/18-us-senators-strongly-support-crypto-new-report-finds-tbt78101.html">https://thebittimes.com/18-us-senators-strongly-support-crypto-new-report-finds-tbt78101.html</a></p>

18 US senators strongly support crypto, new report finds

TheBitTimes

Other articles published on Jan 29, 2024

Bitcoin (BTC) Price Could Reach ATH by October 2024

How to Buy PIVX Coin?

MANTA’s predictions amid price volatility suggest this…

ARK Invest Sells Bitcoin Futures ETF, Buys $65M Worth Of Its Own Spot BTC ETF

Emergency Maintenance for Suicide Squad: Kill the Justice League Servers After Critical Early Acc...

Crypto Prices Today: Bitcoin & Pepe Coin Grapple With Dip, Conflux Leads Rally

Join our free newsletter for daily crypto updates!