US Senate Majority Leader Vows to Pass Crypto Legislation by Year End
During a digital town hall meeting, Chuck Schumer, the majority leader in the US Senate, pledged to pass crypto legislation by the end of the year. He emphasized the need to strike a balance between promoting innovation and providing common sense guardrails for crypto. Schumer warned that failing to act could result in crypto going overseas to countries with no regulation. The event featured a mix of industry professionals, members of the US Senate and House of Representatives, state governors, and candidates for office, with the running theme of achieving a "reset" with Vice President Kamala Harris and a future Harris administration.
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