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The crypto industry's big Washington week

Posted on AllSides May 24th, 2024
From The Left

The crypto world is having a breakthrough moment in Washington. Why it matters: While the White House still seems highly skeptical of crypto, the legislature — and former President Trump — seem to be coming around. • As an anonymous House staffer told Axios: "Congress let crypto out of the penalty box." The big picture: The young industry, which has long been at odds with regulators, is making headway in its major campaign to turn crypto into a more mainstream financial asset. • Two words sum up crypto's D.C. lobbying...

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