Schumer says a crypto bill can pass Senate this year; key Dems join ‘Crypto4Harris' call

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Schumer says a crypto bill can pass Senate this year; key Dems join ‘Crypto4Harris' call
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Top Democrats joined virtual town hall to back crypto and a Kamala Harris administration.

On Wednesday evening, top Democrats joined a "Crypto4Harris" virtual town hall to show support both for the digital asset sector and for Vice President Kamala Harris' campaign.

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, giving fresh hope to an industry that has been stuck in legislative limbo for years. "Why are we here today? Because we all support Vice President Kamala Harris to be our next president, and we all believe in the future of crypto," said Schumer."My goal when it comes to crypto regulation is this: I want to bring members on both sides of the aisle here in the Senate together... so we can pass sensible legislation that helps the United States maintain its status as the most innovative country in the world," he added.

Schumer has yet to indicate which of the bills under consideration he plans to throw his weight behind. But Stabenow's presence with Schumer at Wednesday's town hall could be a hint that Schumer is leaning towards Stabenow's legislation.Bernstein tech analyst's best idea for 2024 is to short TeslaIn the last few months, the token-savvy voting bloc has emerged as a key player in the 2024 elections, both at the presidential level and in key Senate races.

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