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Billionaire Mark Cuban warns that Biden's anti-crypto stance could impact the Presidential election. A major crypto regulation vote is imminent in Congress. UNISWAP LABS CEO cautions Democrats on their anti-crypto agenda. Senate Democrats are divided on the SAB-121 repeal, with potential consequences for Biden's veto threat.
Holy crap! The Senate passed the SEC crypto bill in addition to the House. This now puts @POTUS in an awkward position. He said he'd veto it, but a veto would be incredibly unpopular. 50 million voters hold crypto. And Trump just declared himself the pro-crypto candidate,… https://t.co/3gF114T1W1
NEW: Statement from 🇺🇸 Congressman Wiley Nickel: "I once again call on Chair Gensler to withdraw SAB 121 before President Biden is forced to choose sides on an issue that matters to many Americans." https://t.co/HBxjSU0RbI
While the Senate voted to repeal SAB 121, I interviewed New York DFS Superintendent Adrienne Harris at Fortune's Future of Finance conference. She said not protecting state stablecoin oversight would create "real chaos" and abandon "almost a decade of experience" https://t.co/nkpiVBszt2