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    Home » Ted Cruz, Cynthia Lummis and 16 other US Senators are now joining Coinbase's “Stand With Crypto” group
    Crypto

    Ted Cruz, Cynthia Lummis and 16 other US Senators are now joining Coinbase's “Stand With Crypto” group

    ZEMS BLOGBy ZEMS BLOGJanuary 30, 2024No Comments2 Mins Read
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    The Coinbase-backed non-profit Stand With Crypto Alliance says 18 US lawmakers support the exchange's initiative to more clearly regulate digital assets in the country.

    The advocacy group Stand With Crypto Alliance says US Senators Ted Cruz (R-Texas) and Cynthia Lummis (R-Wyoming) are “strongly supportive” of cryptocurrencies, with the two lawmakers having sponsored or sponsored eleven cryptocurrency bills between them.

    According to the Stand With Crypto Alliance, the two senators' stance on cryptocurrencies gives them an A grade.

    Other US Senators receiving an A grade for their “strongly supportive” stance on cryptocurrencies are Ted Budd (R-North Carolina), Bill Hagerty (R-Tenn.), Kirsten Gillibrand (D-New York), and John Cornyn (R-Texas). . Tommy Tuberville (R-Alabama), Ron Wyden (D-Oregon), Steve Daines (R-Montana), Marsha Blackburn (R-Tenn.), Cory Booker (D-NJ), Markwayne Mullen (R-Oklahoma). Todd Young (R-Indiana), Kyrsten Sinema (D-Arizona), Thom Tillis (R-North Carolina), and Mike Lee (R-Utah).

    The Stand With Crypto Alliance rated US Senators John Boozman (R-Arkansas) and Tim Scott (R-South Carolina) as “supporting” cryptocurrencies, earning them a B grade.

    Meanwhile, US Senators Elizabeth Warren (D-Mass.), Sherrod Brown (D-Ohio), and Roger Marshall (R-Kansas) are some of the lawmakers who received an F grade for their “strongly opposed” stance on cryptocurrencies. , according to Coinbase. – Supported non-profit organization.

    Among the 2024 US presidential candidates, a digital asset advocacy group that aims to “mobilize the 52 million American cryptocurrency owners into a powerful force” gave an A to Robert Kennedy and Dean Phillips for their “strongly supportive” stance while Donald Trump received an A. B For his “supportive” stance.

    Current President Joe Biden received a D grade for his “opposition” stance on cryptocurrencies.

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    Disclaimer: The opinions expressed in The Daily Hodl are not investment advice. Investors should conduct due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please note that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the purchase or sale of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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