U.S. Sen. Wyden: House 'Right' to Pursue Crypto Bill, Late in Session for More Progress
Summary
Sen. Ron Wyden doubts quick legislative solution for crypto issues but sees momentum in Washington next year. He supports establishing a regulatory framework and fighting fraud in the digital assets market. Wyden joined Republicans to overturn SEC's crypto accounting policy but faces potential veto from President Biden. He supports stablecoins, blockchain innovation, and sees growing interest in crypto among young people for congressional elections.
