ICYMI: Democrats new crypto policy plan for 2024

Regulatory Clarity: Schumer and Democrats stress the need for clear, bipartisan crypto regulations, aiming for a comprehensive bill by year-end.

Preventing Industry Migration: Schumer warns that lack of regulation could drive the crypto industry overseas, emphasizing U.S. leadership.

State Innovations: Governor Polis highlights adoption of crypto in state services, reflecting broader Democratic innovation efforts.

Consumer Protection: Stabenow and others focus on balancing consumer protection with blockchain innovation, supported by the CFTC.

Economic Growth: Lawmakers emphasize crypto’s potential for job creation and economic growth, advocating to keep innovation in the U.S.

Financial Access: Democrats highlight the need to democratize financial opportunities through crypto, focusing on equity.

Leadership Role: Schumer and Harris are positioned to lead on meaningful crypto legislation.

Senior Editor: CryptoSlate | Contributor: Forbes  | Bitcoin, AI, Philosophy, QM 𝚿, Blockchain | 🦹‍♀️ Liam Wright | 90s Emo Kid

Exactly - pressure from the party (which is massively pro crypto btw) can hopefully reduce the power of Warren’s influence