More than $100 million also has been spent lobbying since 2018 by crypto companies, as well as those who potentially stand to lose if the industry goes mainstream, records show.
“Unless it affects their bottom line or public reputation, I don’t think there’s any financial incentive for them,” he said. Cryptocurrency advocates in Congress acknowledge problems but argue the roughly $2 trillion industry has matured. Perianne Boring, founder of the Chamber of Digital Commerce, makes the case for developing accounting standards for the industry to help crypto firms become publicly traded companies.
That's fostered a sense of resentment among some Democrats. In suburban Atlanta, Democratic Reps. Carolyn Bourdeaux and Lucy McBath, are squaring off after their districts were merged during redistricting. A crypto-affiliated super PAC is backing McBath, paying for more than $2 million in TV advertising that praises her.
Maybe not so much after this week.
🙄 You mean the top people of the ponzi scheme?
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The Great Presidential Crypto Debate with Polk, Nixon, Jackson, and Washington | HackerNoon'The Great Presidential Crypto Debate with Polk, Nixon, Jackson, and Washington' by MichaelBrooksPR decentralizedinternet quicknode
Source: hackernoon - 🏆 532. / 51 Read more »
Crypto comes to Washington. Will the millions buy influence?Cryptocurrency tycoons are emerging as the new power players in American politics 📈Gasoline is UP 43.6% 📈Used Cars are UP 22.7% 📈Meats/Fish/Eggs are UP 14.3% 📈New Cars are UP 13.2% 📈Electricity is UP 11.0% 📈Food at home is UP 10.8% 📈Transportation is UP 8.5% 📈Food away from home is UP 7.2%
Source: WOKVNews - 🏆 247. / 63 Read more »
Binance CEO Remains Bullish on Crypto After Massive CrashBinance CEO Changpeng Zhao has urged traders and investors to control their emotions as extreme fear grips the market
Source: Utoday_en - 🏆 295. / 63 Read more »
Stablecoin Terra's broken dollar peg hits wider crypto marketsTerraUSD, the world's fourth-largest stablecoin, lost a third of its value on Tuesday, spooking cryptocurrency investors and partly contributing to bitcoin's tumble below $30,000 for the first time in 10 months.
Source: Reuters - 🏆 2. / 97 Read more »
Crypto Market Crash Leads to $1B in Liquidations, Majors Lose Pivotal SupportCrypto futures racked up more than $1 billion in liquidations in the past 24 hours amid weak market sentiment and major assets losing pivotal support levels. By shauryamalwa shauryamalwa 🔥Graphene is one of the most researched nanomaterials in recent years due to its superior mechanical, electrical, and optical properties. With its mechanical properties, Graphane provides superiority to carbon fiber in the production of nanocomposites shauryamalwa Doesn't matter what's going on I will buy USDT anyway. shauryamalwa As always. Someone made money on it.
Source: CoinDesk - 🏆 291. / 63 Read more »
Crypto Trading Firm Talos Raises $105M From Citi, Wells Fargo, Among Others.talostrading is set to announce a $105 million Series B round with Citi, bnymellon and WellsFargo among the new investors. By JamieCrawleyCD 🍌 Thank you very much_,,!,
Source: CoinDesk - 🏆 291. / 63 Read more »