Janice R. Andrews
The majority leader of the US Senate, Charles Schumer (D-NY), expressed hope that a cryptocurrency measure will be passed in the country in 2024. Speaking at an event promoting Vice President Kamala Harris’s presidential campaign, “Harris for Crypto,” Schumer said that legislation is being created with an increasing amount of regulatory activities. Co-hosted by Madison Mills and Seana Smith, the event focused on the potential significance of cryptocurrencies for the future of the US economy.
Schumer underlined the necessity of precise rules to control digital assets, safeguard investors, and promote blockchain innovation. With the ongoing discussion over cryptocurrency regulation, this proposed legislation may mark a major turning point in the development of legal frameworks for the cryptocurrency sector in the United States. Schumer’s endorsement demonstrates how digital currencies are becoming more and more important in talks about national policy.
