Democratic House Members Call for Pro-Crypto Stance, Echoing GOP

IconCryptoNewsTerminal Staff27 Jul, 2024

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Democratic House Members Call for Pro-Crypto Stance, Echoing GOP

Democratic members of the U.S. House of Representatives are urging their party to adopt a more welcoming stance toward the cryptocurrency industry, echoing a similar move by Republicans. In a letter released at the Bitcoin 2024 conference in Nashville, Tennessee, 12 Democratic lawmakers called on the party to "make the pivot to pro-crypto." Their requests included selecting a pro-crypto vice presidential candidate, appointing a pro-crypto leader to the Securities and Exchange Commission, and embracing a party-wide stance more favorable to the industry. ---