‘Elizabeth Warren’s Anti-Crypto Wing Is A Shrinking Iceberg’, Says Former Top Regulator

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‘Elizabeth Warren’s Anti-Crypto Wing Is A Shrinking Iceberg’, Says Former Top Regulator
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I am director of research for digital assets at Forbes and editor of Forbes CryptoAsset & Blockchain Advisor. Prior to this I was at Kraken, a cryptocurrency exchange based in the U.S.

The Honorable J. Christopher Giancarlo served as the 13th chairman of the U.S. Commodity Futures Trading Commission. He also was a member of the U.S. Financial Stability Oversight Committee, the President’s Working Group on Financial Markets and the Executive Board of the International Organization of Sec urities Commissions.

I think it's an outlier in American historical receptivity to innovation and politics because it seems to be confined not just to one party but a small minority of the Democrat party. And it's unsustainable. I think if the November elections threaten that wing of the Democrat party, you're going to see a complete rejection of the policy of the last few years of hostility to crypto innovation.

I think that passage of stablecoin legislation in the United States will enable well-run, well-compliant stablecoin operators to satisfy global demand. And I think once you've got well-regulated U.S. players, the opportunity to take market share from Tether will be significant. So I'm excited. I think Circle does a lot of things well, and I think that PayPal has an enormous distribution network. So I think the opportunities for U.S.

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