2024

when

Coin

<ul class="news-points">
 <li><strong>Senator Cynthia Lummis backs Ian Cain for Senate due to his crypto knowledge.</strong></li>
 <li><strong>Crypto community split, preferring XRP advocate John Deaton.</strong></li>
 <li><strong>Deaton supporter Bill Morgan doubts Lummis’ awareness of his contributions.</strong></li>
</ul>
<p>A debate has ignited in the crypto community following Senator Cynthia Lummis’ endorsement of Ian Cain for the U.S. Senate. While Cain, the Executive Chairman of QUBIC Labs, is known for his crypto-friendly stance, some XRP advocates, like Bill Morgan, are questioning Lummis’ decision, particularly in light of John Deaton’s pro-crypto advocacy and his prominent role in the ongoing SEC-Ripple lawsuit.</p>
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   <p lang="en" dir="ltr">Where were you when <a href="https://twitter.com/JohnEDeaton1?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@JohnEDeaton1</a> was fighting for 76,000 plus XRP holders and others against SEC overreach in the SEC v Ripple and SEC v LBRY cases. You enjoy the endorsement of one Senator but the crypto community endorses Deaton. <a href="https://t.co/2dv730QpJc" target="_blank" rel="noopener noreferrer nofollow">https://t.co/2dv730QpJc</a></p>— bill morgan (@Belisarius2020) <a href="https://twitter.com/Belisarius2020/status/1810464048313729156?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 9, 2024</a>
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<p>This endorsement did not come out of the blue. Lummis, a well-known crypto advocate in the Senate, <a href="https://cainforus.com/breaking-senator-cynthia-lummis-endorses-ian-cain-for-senate/" target="_blank" rel="noopener noreferrer nofollow">highlighted</a> Cain’s strong understanding of the digital economy and his embrace of innovation as key reasons for her support, stating:</p>
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 <p>“I’m excite…</p>
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<p>The post <a href="https://coinedition.com/crypto-senate-showdown-deaton-vs-cain-lummis-endorsement-sparks-debate/" rel="noopener noreferrer nofollow">Crypto Senate Showdown: Deaton vs. Cain, Lummis’ Endorsement Sparks Debate</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Crypto Senate Showdown: Deaton vs. Cain, Lummis’ Endorsement Sparks Debate

Coin Edition

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