QUORUMCALL//GPT:
THE FUNDRAISING FIGHT
The self-proclaimed crypto lawyer, John Deaton, has pledged to fundraise against US Senator Elizabeth Warren, a known critic of cryptocurrencies. Deaton’s move follows Warren’s recent letter to Treasury Secretary Janet Yellen, urging the need for a regulatory framework for stablecoins.
CRYPTO CONCERNS
– Deaton, a vocal advocate for the crypto industry, views Warren’s call for stringent crypto regulations as a threat to the sector’s growth and innovation.
– He has vowed to raise funds for any political candidate, irrespective of party affiliation, willing to challenge Warren in the next election.
WARREN’S WARNINGS
– Senator Warren has been repeatedly vocal about her concerns related to cryptocurrencies, citing volatility, lack of consumer protection, and potential to facilitate illegal activities.
TOPICS COVERED
#Cryptocurrency #Regulation
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