Pro-Crypto US Rep. Cori Bush Defeated in Primary

IconCryptoNewsTerminal Staff06 Aug, 2024

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Pro-Crypto US Rep. Cori Bush Defeated in Primary

Eleanor Terrett of Fox Business reported via Twitter that "Pro-crypto U.S. Rep. Cori Bush lost her Missouri primary race to St. Louis County Prosecuting Attorney Wesley Bell, who has yet to take a stance on crypto." Bush, an outspoken supporter of cryptocurrency regulation, has been a vocal advocate for the industry. Her defeat in the primary is a setback for pro-crypto forces in Washington, D.C. While Bell's stance on crypto is unknown, his victory suggests that the broader public may not be as enthusiastic about cryptocurrency regulation as some politicians believe. This could make it more difficult for pro-crypto legislation to pass in the future.