Next to Senator Bernie Sanders, Warren is the most influential progressive voice in the upper house. Although the senator is unable to set policy — only moderate legislation can pass this Senate — she’s very influential, and her positions are echoed by a sizable portion of the Democratic base. Those constituents who know little or nothing about cryptocurrency will likely accept her rhetoric as fully accurate. Warren believes that cryptocurrency is a “lousy investment” for the average person. ...

Next to Senator Bernie Sanders, Warren is the most influential progressive voice in the upper house. Although the senator is unable to set policy — only moderate legislation can pass this Senate — she’s very influential, and her positions are echoed by a sizable portion of the Democratic base. Those constituents who know little or nothing about cryptocurrency will likely accept her rhetoric as fully accurate. Warren believes that cryptocurrency is a “lousy investment” for the average person. ...

In early August, he twisted the China crypto-ban narrative to make a political point to counter the tax reporting requirements of Biden’s Infrastructure Investment and Jobs Act and tweeted: “Democrats hate crypto currencies,” pointing the finger at Saule Omarova, Biden’s pick for comptroller of the currency who’s unlikely to be a friend to crypto. Senator Warren is a legislative activist who frequently understands the ins and outs of almost every issue that she takes on. Although she’s off th...

In early August, he twisted the China crypto-ban narrative to make a political point to counter the tax reporting requirements of Biden’s Infrastructure Investment and Jobs Act and tweeted: “Democrats hate crypto currencies,” pointing the finger at Saule Omarova, Biden’s pick for comptroller of the currency who’s unlikely to be a friend to crypto. Senator Warren is a legislative activist who frequently understands the ins and outs of almost every issue that she takes on. Although she’s off th...

On June 9, Cruz told Fox News host Sean Hannity that he doesn’t understand Bitcoin: “It is a new cryptocurrency. To be honest, I don’t fully understand it. […] It has upside, but be careful.” He also said that people are going to use Bitcoin as a “hedge” against inflation because President Biden is proposing “$7 trillion in new spending.” Cruz is right that the U.S. is currently experiencing inflation, although it’s unrelated to unallocated federal infrastructure dollars. It’s the result of s...

On June 9, Cruz told Fox News host Sean Hannity that he doesn’t understand Bitcoin: “It is a new cryptocurrency. To be honest, I don’t fully understand it. […] It has upside, but be careful.” He also said that people are going to use Bitcoin as a “hedge” against inflation because President Biden is proposing “$7 trillion in new spending.” Cruz is right that the U.S. is currently experiencing inflation, although it’s unrelated to unallocated federal infrastructure dollars. It’s the result of s...

There are other lawmakers in Congress quietly engaged in good-faith efforts that may eventually benefit retail customers as well as institutional investors and cryptocurrency providers. In the Senate, Republicans Pat Toomey, Cynthia Lummis and Rob Portman recently teamed up with Democrats Mark Warner and Kyrsten Sinema to negotiate a compromise amendment to fix controversial cryptocurrency language in the Infrastructure Investment and Jobs Act. The amendment did not receive the required unani...

There are other lawmakers in Congress quietly engaged in good-faith efforts that may eventually benefit retail customers as well as institutional investors and cryptocurrency providers. In the Senate, Republicans Pat Toomey, Cynthia Lummis and Rob Portman recently teamed up with Democrats Mark Warner and Kyrsten Sinema to negotiate a compromise amendment to fix controversial cryptocurrency language in the Infrastructure Investment and Jobs Act. The amendment did not receive the required unani...