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bipartisan crypto regulation billCNBC
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81% Informative
Senate Majority Leader Chuck Schumer said Wednesday that he believes the Senate can realistically pass a bipartisan crypto regulation bill before the end of the year .
It is the latest move by Democrats to try to recast their party as pro-crypto, after years of being viewed as skeptics of the industry.
The event featured billionaire Mark Cuban and fellow New York senator Kristen Gillibrand .
Fairshake 's financial backing of Democratic candidates in these races apparently angered top Republicans "who viewed the industry as an ally, not an opponent," according to an NBC report. BlackRock 's Head of Digital Assets , Robert Mitchnick , told CNBC that the "biggest thing" he's seen in 2024 is that crypto is "not only is being viewed as a more legitimate and important issue" but that this transformation has also become more bipartisan in nature..
VR Score
84
Informative language
84
Neutral language
50
Article tone
formal
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English
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55
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