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DeepNewz, mobile.
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Recent developments in the cryptocurrency industry show a bipartisan approach towards crypto legislation in the US. Major companies are increasingly involved in blockchain and crypto projects, with a record number of initiatives announced in Q1 2024. There is a shift in the political tone among Democrats in DC towards supporting crypto regulation, as seen in the aftermath of FIT21. The industry is gearing up for detailed discussions on the bill's implications and the need for clear rules for crypto.
In the @thehill @DennisKelleher raises concerns about the #crypto industry's influence in Congress. With #FIT21 on the table, it's time for tough questions about its potential impact on investors, consumers, and financial stability. https://t.co/volTTxglTq
The Gensler/Warren approach of "don't legitimize crypto by regulating it" is losing support among Democrats. The FIT21 vote was a vote for *more* crypto regulation. https://t.co/HIQ5WiYGcO https://t.co/dtsUOF3YMT
Exciting news @Coinbase study shows the U.S. is accelerating adoption of crypto. 56% of Fortune 500 execs say they are working on onchain projects — but are we doing enough to retain talent? More on how major firms are adding value through blockchain: https://t.co/Htl4kVYgBH
