Trump’s Crypto Ties Still Toxic With Some Dems, Including One Seen as Industry Ally
As the Senate shifts from stablecoins to market structure, Trump’s digital assets businesses remain in the spotlight, drawing a new bill from Senator Schiff.
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As the Senate shifts from stablecoins to market structure, Trump’s digital assets businesses remain in the spotlight, drawing a new bill from Senator Schiff.
Having $169 million to spend on U.S. congressional elections can produce fast results in Washington, as the crypto sector’s campaign-finance blitz this year helped rid it of a powerful Democratic senator who stood in the way of legislation and also populated Congress with a large number of new friends.
The leading stablecoin issuer is comfortable holding its T-bills at a U.S. institution because it respects international sanctions, CEO Ardoino said in an interview.
Ripple co-founder and Executive Chairman Chris Larsen said he’d added another $10 million in the Ripple-tied token {{XRP}} in an effort to boost Vice President Kamala Harris as the Democrat faces off against former President Donald Trump in next month’s election.
The colossal campaign spending from the cryptocurrency industry is showing up in dominant fashion in Ohio’s U.S. Senate race, where its political action committees have devoted $40 million to support Republican Bernie Moreno’s opposition of Sen. Sherrod Brown (D-Ohio), the crypto-skeptical chairman of the Senate Banking Committee.
The presidential campaign for Vice President Kamala Harris made crypto waves with a brief comment about the sector over the weekend, but the industry shouldn’t expect much more in the final weeks before the U.S. elections, insiders suggest.
Defeating U.S. Sen. Elizabeth Warren (D-Mass.), a national hero in progressive circles, seems a stretch for a relatively little-known Republican in the liberal bastion of Massachusetts. But candidate John Deaton, known among crypto fans for his legal advocacy, says it can be done by leveraging the concerns of people in that state.
Donald Trump reiterated his promise to make the U.S. the crypto capital of the world if re-elected president during public remarks Thursday
The 73-year-old Barnier represented the European Union in the Brexit negotiations with the U.K.
Ayanna Pressley is an American politician who has served as the U.S. House Representative for Massachusetts’ 7th congressional district since … Continue reading
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