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Mcdermottumeeka
@mcdermottumeeka
In 2023, Vance introduced a bill that would protect crypto firms and exchanges from being cut off by traditional banks, while draft legislation for another industry-friendly bill is also circulating, according to Politico. In 2021, the former venture capitalist issued a statement opposing an amendment to the Infrastructure Bill that he claimed would “amount to a backdoor ban of bitcoin and other popular cryptocurrencies”. He added: “Our tech sector used to be defined by innovative upstarts and is now dominated by boring monopolists... The crypto community has stood in stark contrast to this shift. It is one of the few sectors of our economy where conservatives and other free thinkers can operate without pressure from the social justice mob.”
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