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Le chef de la majorité au Sénat, Chuck Schumer, snobe la crypto dans la dernière demande de réglementation bipartite

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Libérer: 2024-09-10 00:02:12
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La communauté crypto semblait déçue par le changement perçu de la crypto vers l'IA.

Le chef de la majorité au Sénat, Chuck Schumer, snobe la crypto dans la dernière demande de réglementation bipartite

Le chef de la majorité au Sénat américain, Chuck Schumer, a lancé un nouvel appel à une réglementation bipartite avant les élections, mais la crypto n'a pas figuré sur sa dernière liste.

Dans une lettre adressée jeudi à ses homologues du Sénat, Schumer a exhorté les républicains à contribuer à accélérer l'adoption d'une législation commune sur l'intelligence artificielle et d'autres questions prioritaires. Cependant, la crypto était visiblement absente de sa dernière demande.

Earlier in August, Senator Schumer pledged that the Senate would pass a bipartisan crypto regulation before the end of the year. But with the US fiscal year ending by 30 September and limited legislative days, he appeared to have dropped crypto from his last-minute bipartisan regulation requests.

Crypto Community Reacts

The crypto community appeared disappointed with the perceived pivot from crypto to AI.

“In a surprise to absolutely no one, it turns out Senator Schumer is not interested in passing any crypto legislation this year (or any year?). Ignore what they say; watch what they do,” stated James Murphy, a policy watcher and lawyer at Ludlow Street Advisors.

His statement was in response to Senator Schumer's recent comment on crypto during an interview with Axios, where he stated that crypto regulation is “very important” and that he hopes to get something done this year. However, his latest letter to his Senate counterparts seems to contradict his statement.

Meanwhile, Mike Dudas of crypto VC fund 6th Man Ventures criticized Democrats and believed that only Republicans want crypto to thrive in the US.

For context, figures like Mike Cuban and Antony Scaramucci have championed the Crypto4Harris agenda, claiming that Kamala Harris's win would benefit the industry. This belief was further fueled by a ‘crypto reset’ from the Harris campaign team to seek amends with the industry.

However, despite the Democrats' efforts, the Biden-Harris administration has taken more crypto enforcement actions in the past few weeks. Given his public support and plan for the space, most of the community has viewed Donald Trump's win as likely to benefit the sector.

In contrast, Kamala Harris has not made any public announcements about crypto. In fact, her new policy focus and plans have cited artificial intelligence and have not mentioned crypto or blockchain technology.

This has further unsettled the community, and they could rally support for Republicans and candidates deemed crypto-friendly. That said, Fairshake, one of the largest crypto-focused super PACs (political action committees), has raised millions to support pro-crypto candidates.

One beneficiary is John Deaton, who recently won the Republican primaries and will face Elizabeth Warren in the Massachusetts senatorial race. If her recent statement is anything to go by, this seems to have poked Warren the wrong way as she criticized the excessive crypto funding to unseat her.

In the meantime, the industry has wished for regulatory clarity in the space for years. So far, the only bill that has seen some progress is the infrastructure bill, the Financial Innovation and Technology for the 21st Century Act (FIT21). The bill received overwhelming bipartisan support in the House of Representatives. However, whether it will pass the Senate before the end of 2024 remains to be seen.

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