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Bipartisan Crypto Legislation Imminent 2024 Will Be the Year Your Grandma Loses Her Life Savings

An illustration of a smiling Senator Chuck Schumer holding hands with Vice President Kamala Harris and Senators Kristen Gillibrand and Debbie Stabenow, all standing together in front of an American flag waving high above them as they walk towards the rising sun on top of a hill covered by dollar bills. In their other hand each is holding one end of a rope that connects to a large anchor symbolizing stability with cryptocurrency coins floating around it. The background has subtle waves and ripples, suggesting movement forward into an uncertain but hopeful future.

The crypto bros are at it again! They think they can just wave their hands and make the laws of economics go away. Meanwhile, Senator Chuck Schumer thinks passing bipartisan legislation will somehow magically turn cryptocurrency into a worthwhile investment opportunity for Main Street investors. Newsflash: no amount of legislative hand-holding is going to imbue worthless numbers on a computer with real value

Source: bitcoin.com

Senate Majority Leader Chuck Schumer is optimistic about passing bipartisan crypto legislation by year’s end, stressing the importance of collaboration to keep the U.S. at the forefront of innovation. At the “Crypto4Harris” event supporting Vice President Kamala Harris’ campaign, Schumer emphasized the inevitability of cryptocurrency and the need for well-crafted legislation. Senate Majority Leader Chuck Schumer expressed optimism Wednesday evening about the Senate’s ability to pass a bipartisan crypto legislation […]

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