Key Democrat Breaks Ranks, Urges Party to Pass Crypto Bills to End “Wild West”

Gottheimer talked about both the GENIUS Act and the Clarity Act, saying that he expects notable bipartisan support He specifically stated that the GENIUS Act received very good feedback The US House experienced delays in its proceedings, but the two mentioned crypto bills, along with the Anti-CBDC Surveillance State Act, saw progress late yesterday Josh Gottheimer (member of the US House of Representatives from New Jersey’s 5th district and a member of the Democratic Party) has sent a direct letter to Democrats, urging them to vote for pending crypto bills, stating: “It’s time to get these done.” In an interview on CNBC , Gottheimer talked about both the GENIUS Act and the Clarity Act, saying that he expects notable bipartisan support and that the bills will get votes from at least a few dozen members on the Democratic side. He also specifically stated that the GENIUS Act got very good feedback. Ending the “Wild West” of Crypto When talking about the Clarity Act, Gottheimer stated that it’s the Wild West out there, saying: “If we do nothing, you’ll just be right at the place where we are. There will be absolutely no oversight, no protection fo… The post Key Democrat Breaks Ranks, Urges Party to Pass Crypto Bills to End “Wild West” appeared first on Coin Edition .

Source: Coin Edition