QUORUMCALL//GPT:
CRYPTO AND POLITICS COLLIDE
– John Deaton, a crypto lawyer and potential candidate for the Massachusetts Senate seat in 2024, has backed Coinbase in its ongoing dispute with the Securities and Exchange Commission (SEC). Deaton’s support for Coinbase is expected to be a key issue in his campaign against incumbent Senator Elizabeth Warren, a vocal critic of cryptocurrency.
THE POLITICAL ANGLE
– Deaton is a known advocate for digital currencies, while Warren has repeatedly called for regulatory measures on crypto. The crypto-SEC issue could therefore become a significant point of contention in the forthcoming Senate race.
TOPICS COVERED
#SEC #CryptoRegulation #SenateRace
NOTE
This article is from CoinDesk, a leading source of news on cryptocurrencies and blockchain technology. They tend to provide in-depth coverage of legal and regulatory issues related to crypto.
