INSUBCONTINENT EXCLUSIVE:
A Democratic representative in the US Congress will support a blockchain bill at a time when many left-leaning lawmakers are blocking
Source: Tom EmmerRepresentatives of advocacy organizations, including the Crypto Council for Innovation, Solana Policy Institute, Digital
Chamber, Coin Center, DeFi Education Fund and Blockchain Association, said they would support the proposed blockchain regulatory bill
It was unclear whether Emmer and Torres had a majority of votes in the House of Representatives for the legislation to pass
Torres has supported many bills and policies favorable to the crypto industry since assuming office in 2021
Together with Emmer, he has led the Congressional Crypto Caucus to advance crypto-friendly policies in the House since March.Other
Democratic House members, including Representative Maxine Waters, have suggested they intend to block any legislation related to crypto and
The president is planning to host a dinner with up to 220 people holding the most significant amounts of his memecoin on May 22.Related: