Brad Sherman: Billionaires Have Prevented Crypto Regulation from Forming
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Brad Sherman – a cryptocurrency skeptic and congressman – says crypto billionaires are largely responsible for the fact that digital asset regulation has taken so long to arrive. Brad Sherman Wants Regulation NOW In a recent interview, Sherman said that the collapse of the leading exchange FTX in mid-November is reason enough to get the ball rolling on digital currency regulation. He mentioned: The collapse this week of one of the largest cryptocurrency firms in the world has been a dramatic demonstration of both the inherent risks of digital assets and the critical weaknesses in the industry that have grown
On Friday, Grant McCarty, the director of policy and public affairs at BitcoinLinux, announced the launch of three political efforts aimed at bolstering bitcoin public policy at the Bitcoin 22... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to…
Show AI SummaryRep. Brad Sherman’s advancement to the general election sets up a significant test for the crypto industry’s political influence.Sherman’s long history of opposing crypto legislation, including the CLARITY Act, has earned him a reputation as a major critic.The congressman’s scrutiny of the SEC’s enforcement actions highlights the growing…