In 2021, mainstream U.S. Democrats’ stance on crypto has tipped towards skepticism and preference for tighter regulation.
Senate hearing on stablecoins: Compliance anxiety and Republican pushback
As stablecoins issuers were put under the pressure of Democratic witnesses, Senator Pat Toomey released his own set of regulatory principles.
Crypto in the House: Execs on the march, US partisan politics and Web3
A largely proclaimatory meetup generated a positive response, with the industry appearing ready for a busy new year on the Hill.