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Speaking at the Crypto4Harris conference on Wednesday, US Senate majority leader Chuck Schumer, Democrat of New York, pledged to pass crypto legislation by the end of the year. In a livestream of the conference, Mr. Schumer said that without action, "there is a risk that cryptocurrencies will flow overseas, into countries where there is no minimum standard of regulation". The theme of the event was to "restart" the dialogue with Vice President Kamala Harris and the future Harris administration -...
According to Eleanor Terrett, a Forbes reporter, Chuck Schumer, Democrat and Senate Majority Leader in New York, said, "We can't continue to sit on the sidelines, because then we risk losing cryptocurrency to countries that have no minimum standards, where there will be no regulation at all, and if we do nothing, the extremists will win."
New York Democrat and Senate Majority Leader Chuck Schumer will speak Wednesday at a town hall meeting hosted by Crypto4Harris, a group that aims to reshape cryptocurrencies' relationship with presidential candidate and current Vice President Kamala Harris, according to people familiar with the matter. According to sources familiar with the matter, the New York Democrat will meet with the cryptocurrency industry at 8 PM EST.
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