Warren reiterated her disdain for the industry in an interview.
Fed Chair Powell Told House Democrats U.S. Needs Stablecoin Bill: Politico
Powell also said a CBDC would need Congress’ approval before the Federal Reserve will act.
US House Democratic coalition creates AI working group
Representative Derek Kilmer will chair the Artificial Intelligence Working Group, which is aimed at introducing “sensible, bipartisan” policies for AI technology.
Coinbase CEO Brian Armstrong to Meet House Democrats About Crypto Legislation: Bloomberg
Armstrong will meet Democrats from the House of Representatives in the U.S. Congress, aides familiar with the plans told Bloomberg.
Democrats ‘war on crypto’ will lose its key voters: Winklevoss twins
Young people have been shown to be the biggest crypto adopters that also largely voted for the Democrats in the last election.
House Democrats Consider New Stablecoin Bill Proposal: Source
House Democrats on the Financial Services Committee are considering a new version of proposed stablecoin bill weeks after Republicans on the committee introduced their own discussion draft.
Polls suggest Elizabeth Warren’s anti-crypto army strategy may not pay off
Elizabeth Warren has long been a crypto-critic, and appears to be making it a focus as her re-election bid kicks off.
Crypto regulation decided by Congress, not the SEC: Blockchain Association
The group’s policy head doubted a divided Congress can create crypto legislation but said it doesn’t give regulators absolute authority in the interim.
SBF has been a ‘significant donor’ in the US midterm elections
The FTX founder has reportedly spent almost $40 million mainly supporting Democrats during the current political cycle, according to Open Secrets.
Democrat division over crypto isn’t all bad news for regulation
The digital divide between those for and against cryptocurrencies is widening among U.S. policymakers.