A Pro-Crypto Army in US Congress?

We are building a pro-crypto army in Congress. - Senator Cynthia Lummis

That's what Senator Cynthia Lummis said. The change of events in the crypto space is very fast. Still fresh in my mind that in the recent past, many lawmakers in the United States were bashers and hostile to crypto. This sudden change of sentiment on the part of the legislators is surprising. I don't know if the crypto community is supposed to be happy with this or about the appropriate response to such developments.

A few weeks ago, I think many people also read that Donald Trump had an announcement that he was accepting crypto donations for his campaign. Trump has always been against cryptocurrency. Maybe his slogan is this:

If you can't beat them, join them.

Politicians are good at wearing different colors.

In the past too, the name of Gary Gensler dominated the crypto space. Threats and lawsuits, that's what I remember when I read Gensler's name. If the army to be formed in the US Congress becomes a reality and becomes successful, where do you think Gensler will go? Maybe in the sewer?

I like what the Wyoming Senator said about financial innovation and consumer protection. That is the goal of the crypto asset bill that they worked hard to build with Senator Gillibrand.

As usual, the typical crypto villain that you thought knew something was none other than Senator Elizabeth Warren. Every time I read this woman's crypto commentary, my stomach turns. 🤣

So that's the short story of the crypto battle between lawmakers and politicians. Who will win?

Stay tuned for the next chapter.

Yan po and sabi ni Senator Cynthia Lummis. Parang ang bilis ng mga pangyayari. Kamakailan lamang, maraming mga mambabatas sa Estados Unidos ay puro bashers at hostile sa crypto. Nakapagtataka ang biglaang pagbabago ng sentimentong ito sa panig ng mga mambabatas. Hindi ko alam kung ito ba ay dapat na ikatuwa ng crypto community o ano ang nararapat na response sa ganitong mga development.

Mga ilang linggo ang nakalipas, I think nabasa din ng marami na may anunsiyo si Donald Trump na siya ay tumatanggap ng donasyon sa crypto para sa kaniyang pangangampanya. Dati rati, kontrang kontra si Trump sa cryptocurrency. Baka ang slogan niya ay ito:

If you cannot beat them, join them.

Iba talaga ang kulay ng mga politiko.

Dati rati rin, nadominado ng pangalan ni Gary Gensler ang crypto space. Puro pananakot at puro kaso. Yan ang naaalala ko pag nababasa ko ang pangalan ni Gensler. Kung magkatotoo at maging matagumpay ang army na bubuuin sa US Congress, saan kaya pupulutin si Gensler? Baka sa kangkungan? 🤣

Gusto ko ang sinabi ng Senador ng Wyoming tungkol sa financial innovation at consumer protection. Yan daw ang layunin ng crypto asset bill na kanilang pinaghirapang buuin kasama si Senator Gillibrand.

As usual, lumabas din ang typical na kontrabida ng crypto na akala mo naman ay may alam talaga walang iba kundi si Senator Elizabeth Warren. Sa tuwing mababasa ko ang crypto commentary ng babaeng ito, bumabaliktad ang sikmura ko. 🤣

So yan po ang maikling kuwento ng labanan sa crypto sa pagitan ng mga mambabatas at mga politiko. Sino kaya mananalo?

Abangan ang susunod na kabanata. 😄😄

Reference:

US Congress Building Pro-Crypto Army, Lawmaker Says