
The upcoming U.S. presidential election is increasingly influenced by the crypto industry, with significant implications for regulatory policies. Billionaire Mark Cuban has warned that President Biden's anti-crypto stance could cost him the election, highlighting the importance of the crypto vote. Former President Donald Trump, who has a bullish stance on crypto and is critical of Gary Gensler, is being positioned as a pro-crypto candidate, potentially becoming 'America's first crypto president.' The Senate is set to vote on a resolution to overturn the SEC's Staff Accounting Bulletin 121, which has been criticized for its negative impact on the digital assets industry. Additionally, a landmark crypto regulation bill is nearing a floor vote in the House, with bipartisan support expected for its passage. The crypto community is actively engaging with policymakers to shape the future regulatory landscape, as seen at the DC Blockchain Summit.















Tomorrow, the Senate will vote on my resolution to #RepealSAB121. This bipartisan, bicameral effort will send a message: It’s time for @SECGov to adjust its misguided approach to digital assets and crypto. My op-ed with @USRepMikeFlood in @Blockworks_.⬇️ https://t.co/SJX7aPgiJ4
Regulatory clarity will unleash crypto innovation, and good regulation starts with legislation--that makes jurisdictional boundaries clear and protects consumers. I'm thankful that we are making progress in the U.S., and I'm supportive of #FIT21.
Pleased to join #DCBlockchain Summit today. #FIT21 is the legislative solution we need that creates a functional regulatory framework which protects consumers and investors while securing America as a leader for #blockchain innovation. We must pass this legislation. https://t.co/9efd45t1wE