Crypto-friendly members of Congress are calling for deregulation, and we can’t let them win.
Cryptocurrency has become a powerful player in politics. Crypto executives have spent over $30 million on US political campaigns since the 2020 election. They’ve started political action committees, boosted congressional candidates, and now they’ve got enough influence in Congress to get new legislation introduced.
Now they want legislation that would remove the responsibility for overseeing cryptocurrencies from the powerful and effective Securities and Exchange Commission and put it under a different, small and underfunded, agency.
We won't let it happen.
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