Brian Armstrong Calls for Vote on Bipartisan Crypto Legislation

iconKuCoinFlash
Share
This is the logo of the coin.
XRP
$0.9947-0.71%
AI summary iconSummary
Brian Armstrong urged a vote on crypto legislation, noting that the Senate secured CLARITY a year ago. Since then, lawmakers have finalized hundreds of amendments, settled SEC and CFTC nominations, and secured ethical commitments. The crypto and banking sectors have made key compromises. This is how crypto legislation should work—no one gets everything, but most needs are met. The final step is not negotiation, but whether some will block a bill with bipartisan support. Millions of Americans hold risk-on assets and are watching. Now is the time to vote.

ME News reports that on August 7 (UTC+8), Brian Armstrong posted on X stating that the Senate received CLARITY a year ago. Since then, lawmakers have negotiated hundreds of pages of revisions, reached consensus on SEC and CFTC nominations, and secured unprecedented ethical commitments. The cryptocurrency and banking industries have also made compromises. This is exactly how legislation should work: no one gets everything they want, but everyone gets most of what they need. The only remaining issue is not negotiation, but whether certain groups will attempt to delay or block legislation that has broad bipartisan support. Millions of Americans hold cryptocurrency and are watching. It’s time to vote. (Source: ODAILY)

Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.