Rep. Tom Emmer (R-MN) penned the missive to the SEC, urging the regulator to provide the clarity needed for banks to provide custody services for digital securities. Meanwhile, Rep. Warren Davidson said he had sent a letter to Mnuchin “strongly encouraging him to consult with Congress before issuing new regulations that govern the use of digital self-hosted wallets.”
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- Rep. Tom Emmer (R-MN) and Rep. Darren Soto (D-FL) support the Crypto for Congress campaign (Photo: House of Representatives)
Seeking a “lightbulb moment” crypto group launches political donation campaign
The Chamber of Digital Commerce’s Crypto for Congress campaign is sending every member of congress a $50 bitcoin donation
Comparing the Crypto for Congress campaign donations to “the time Members of Congress received their first email or sent their first Tweet,” the Chamber said its goal is to foster a deeper understanding of this technology’s vast potential, from enabling greater participation in the political process to revolutionizing every industry in our economy.”