{"id":2345390,"date":"2024-09-24T14:58:02","date_gmt":"2024-09-24T18:58:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/crypto-industry-at-odds-over-how-to-influence-2024-election-washington-examiner\/"},"modified":"2024-09-24T15:00:30","modified_gmt":"2024-09-24T19:00:30","slug":"crypto-industry-at-odds-over-how-to-influence-2024-election-washington-examiner","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/crypto-industry-at-odds-over-how-to-influence-2024-election-washington-examiner\/","title":{"rendered":"Crypto industry at odds over how to influence 2024 election &#8211; Washington Examiner"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">26<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fcrypto-industry-at-odds-over-how-to-influence-2024-election-washington-examiner%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2345390&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>The cryptocurrency industry\u2064 is experiencing significant\u200d internal divisions regarding \u2063how to allocate funding for the 2024 elections, amidst a backdrop of substantial political contributions totaling over $119 million\u2014almost half \u200cof all corporate donations in \u200cthe cycle. Tensions arose after the \u2063Defend\u2062 American Jobs PAC announced an investment to support Republican candidate Bernie Moreno against\u2062 Senator Sherrod\u200d Brown, prompting Democratic\u2064 donor \u2064Ron Conway\u2063 to withdraw from a cryptocurrency super PAC,\u200b citing\u200d concerns that such moves might\u2063 undermine pro-crypto \u200dlegislation efforts.<\/p>\n<p>Republican spending has surpassed Democratic support from cryptocurrency PACs, \u2062reflecting discontent among some Democrats, particularly due to perceived\u200c hostility from figures like SEC Chairman Gary Gensler \u200cand Senator Elizabeth Warren, who has advocated\u2063 for stricter regulations. Some industry advocates believe these dynamics lead to a shift \u2064towards Republican candidates, as many \u2062in the Democratic camp are deemed untrustworthy towards \u200dthe industry.<\/p>\n<p>In the presidential race, Donald Trump, who was \u200dpreviously skeptical of \u2062cryptocurrency, is \u200bnow courting the industry\u200d as he launches cryptocurrency-related initiatives,\u2062 while Vice President Kamala Harris indicates a willingness\u200d to adopt more supportive policies. Congressional efforts are underway to develop a regulatory framework for cryptocurrencies, with bipartisan discussions taking place \u2063around various \u2064proposed bills, though progress has been slow. Industry\u2063 experts remain hopeful for a\u2062 resolution, \u2062possibly during the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/illinois-criminal-justice-system-reform-law-criticized-by-police\/\" title=\"Illinois Criminal Justice System Reform Law Criticized By Police\">lame-duck session<\/a> of Congress after the elections.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/p>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-header-search-button-mob dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-mobile-search-icon td-icon-search\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div class=\"tdb-drop-down-search\" aria-labelledby=\"td-header-search-button\">\n<div class=\"tdb-drop-down-search-inner\">\n<form method=\"get\" class=\"tdb-search-form\" action=\"https:\/\/www.washingtonexaminer.com\/\"><\/form>\n<div class=\"tdb-aj-search\"><\/div>\n<\/div>\n<\/div>\n<p><a href=\"http:\/\/www.washingtonexaminer.com\/#\" role=\"button\" aria-label=\"Search\" class=\"tdb-head-search-btn dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-search-icon td-icon-search\"><\/i><\/a><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<h1 class=\"tdb-title-text\">Cryptocurrency industry fractured over where to spend money in 2024 elections<\/h1>\n<div><\/div>\n<div class=\"tdb-title-line\"><\/div>\n<\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div id=\"Brid_1767827\" class=\"tpd-featured-video bridtv\"><\/div>\n<p>The&nbsp;<a href=\"https:\/\/www.washingtonexaminer.com\/tag\/cryptocurrency\/\" target=\"_blank\" rel=\"noreferrer noopener\">cryptocurrency&nbsp;<\/a>industry has been rocked by internal disagreements over how best to spend its money in the <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/2024-elections\/\" target=\"_blank\" rel=\"noopener\" title=\"2024 elections\">2024 elections<\/a> to boost candidates who share their interests.<\/p>\n<div class=\"article-paywall\">\n<p>The rift within cryptocurrency circles comes as the industry has poured a&nbsp;<a href=\"https:\/\/www.washingtonexaminer.com\/news\/campaigns\/congressional\/3120300\/crypto-super-pacs-senate-elections\/\" target=\"_blank\" rel=\"noreferrer noopener\">record amount of cash<\/a>&nbsp;into races this cycle, spending more than $119 million. The spending accounts for almost half of all <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/virginia-power-company-is-attempting-to-keep-gun-owners-from-voting\/\" title=\"Virginia Power Company Is Attempting To Keep Gun Owners From Voting\">corporate political contributions<\/a> this cycle, being second only to spending for fossil fuels, according to a&nbsp;<a href=\"https:\/\/www.citizen.org\/article\/big-crypto-big-spending-2024\/\" target=\"_blank\" rel=\"noreferrer noopener\">report<\/a>&nbsp;from the consumer advocacy group Public Citizen.<\/p>\n<p>But divisions within cryptocurrency circles began to emerge after Defend American Jobs PAC, an affiliated PAC of the FairShake PAC,&nbsp;<a href=\"https:\/\/www.washingtonexaminer.com\/news\/campaigns\/congressional\/3120300\/crypto-super-pacs-senate-elections\/\" target=\"_blank\" rel=\"noreferrer noopener\">announced<\/a>&nbsp;last month that it would spend at least $12 million to support Republican Bernie Moreno in his race against Sen. Sherrod Brown (D-OH).<\/p>\n<p>Immediately after that, Democratic donor Ron Conway&nbsp;<a href=\"https:\/\/www.coindesk.com\/opinion\/2024\/08\/20\/top-democratic-donor-leaves-crypto-super-pac\/\" target=\"_blank\" rel=\"noreferrer noopener\">announced&nbsp;<\/a>he would be leaving the cryptocurrency super PAC after telling other donors in an email that he disagreed with the decision, concerned that efforts to go after Brown could undermine efforts from Senate Majority Leader Chuck Schumer (D-NY) to pass pro-cryptocurrency legislation by the end of the year. Conway had previously donated $500,000 to FairShake in December.<\/p>\n<p>&ldquo;This is a very personal decision for people, and it often can be very emotional,&rdquo; Blockchain Association CEO Kristin Smith said in an interview with the&nbsp;<em>Washington Examiner.&nbsp;<\/em>&ldquo;There are some people who are crypto-only voters, but there are some people that aren&rsquo;t.&rdquo;<\/p>\n<p>There was also frustration among Republicans on Capitol Hill after FairShake decided to endorse Reps. Ruben Gallego (D-AZ) and Elissa Slotkin (D-MI) for their Senate races, according to three people familiar with discussions.<\/p>\n<p>Sen. Cynthia Lummis (R-WY), a vocal supporters of pro-cryptocurrency legislation, wondered if her colleagues on the other side of the aisle are beginning to support the industry just because they see how powerful it has become.<\/p>\n<p>&ldquo;I have to say, I do wonder with some of them whether their sudden interest in digital assets is based on the industry&rsquo;s involvement in these races,&rdquo; she said.<\/p>\n<p>According to&nbsp;<a target=\"_blank\" href=\"https:\/\/www.followthecrypto.org\/\" rel=\"noreferrer noopener\">Follow the Crypto<\/a>, a project launched by researcher Molly White, Republican spending is now more than that of Democratic candidates. Cryptocurrency PAC expenditures in favor of Republican candidates were $54.6 million compared to $34.7 million in support of Democratic candidates. The industry spent $283,000 opposing Republican candidates in comparison to $14.2 million opposing Democratic candidates.<\/p>\n<p>&ldquo;The issue is they&rsquo;re in a situation where that&rsquo;s pissing off everyone and everyone is mad,&rdquo; one crypto industry advocate granted anonymity to speak candidly said.<\/p>\n<p>The advocate said it&rsquo;s not surprising that the industry has been leaning more toward the right lately. Several Democrats have been hostile to the industry, specifically accusing the leader of the Securities and Exchange Commission, Gary Gensler (who was appointed by President Joe Biden), of unfairly targeting the industry.<\/p>\n<p>&ldquo;There are a lot of feelings that I think quite personally are justified about the way Gary Gensler has treated the industry and how he&rsquo;s been allowed to do that by the Biden Administration,&rdquo; the cryptocurrency industry advocate said. &ldquo;It is also no secret that business tends to be slightly more Republican than Democrat.&rdquo;<\/p>\n<p>Gensler testified before Congress alongside his fellow SEC commissioners on Tuesday, appearing before the&nbsp;<a href=\"https:\/\/financialservices.house.gov\/\" target=\"_blank\" rel=\"noreferrer noopener\">House Financial Services Committee<\/a>. He will also testify before the&nbsp;<a href=\"https:\/\/www.banking.senate.gov\/\" target=\"_blank\" rel=\"noreferrer noopener\">Senate Banking Committee<\/a>&nbsp;on Wednesday. Gensler&rsquo;s aggressive approach to the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-signs-cryptocurrency-executive-order-looking-to-develop-digital-dollar-and-crack-down-on-national-security-threats\/\" title=\"Biden Signs Cryptocurrency Executive Order, Looking To Develop Digital Dollar And Crack Down On National Security Threats\">digital assets space<\/a> is expected to be under the microscope.<\/p>\n<p>Others are pointing to another major industry foe, Sen. Elizabeth Warren (D-MA), who has staunchly opposed industry-backed legislation and has pushed for a regulatory crackdown instead. The industry has donated generously to her long-shot GOP opponent John Deaton, but he has virtually no shot of unseating Warren in deep-blue Massachusetts. According to&nbsp;<a href=\"https:\/\/www.fec.gov\/data\/committee\/C00870337\/?tab=filings\" target=\"_blank\" rel=\"noreferrer noopener\">financial records<\/a>, cryptocurrency-focused PACs have spent $1,699,807 to support his candidacy. They have spent $397,538 to oppose Warren.<\/p>\n<p>&ldquo;I think there&rsquo;s no question a Republican Senate would be preferable to a Democratic-led Senate because of Elizabeth Warren,&rdquo; Smith said. &ldquo;It doesn&rsquo;t mean we don&rsquo;t have great Democratic champions and friends who are interested in getting the regulatory framework right in the Senate on the Democratic side, but anything that gives Sen. Warren the ability to influence the agenda is problematic, and I think as we move forward, she&rsquo;s going to find herself in a more isolated position compared to her colleagues.&rdquo;<\/p>\n<p>The&nbsp;<em>Washington Examiner&nbsp;<\/em>has reached out to Warren&rsquo;s office for comment.<\/p>\n<h2 class=\"wp-block-heading\">Trump and Harris&rsquo;s stance on cryptocurrency becomes flashpoint<\/h2>\n<p>While the cryptocurrency-aligned super PACs have largely focused on congressional races, there has also been a&nbsp;<a href=\"https:\/\/www.washingtonexaminer.com\/news\/campaigns\/presidential\/3085657\/trump-bitcoin-cryptocurrency-donations-jd-vance\/\" target=\"_blank\" rel=\"noreferrer noopener\">more visible and vocal Trump faction<\/a>&nbsp;of the industry. Cameron and Tyler Winklevoss, who founded the cryptocurrency exchange Gemini, gave around $1.7 million combined in bitcoin to the Trump 47 Committee, which raises money for Trump. Venture capitalists Marc Andreessen and Ben Horowitz have also confirmed they&rsquo;re&nbsp;<a href=\"https:\/\/techcrunch.com\/2024\/07\/16\/andreessen-horowitz-co-founders-explain-why-theyre-supporting-trump\/\" target=\"_blank\" rel=\"noreferrer noopener\">joining Team Trump<\/a>&nbsp;too.<\/p>\n<p>The 2024 Republican presidential nominee, who had notably been skeptical of cryptocurrency, has recently painted himself as a cryptocurrency advocate and recently launched a new cryptocurrency business with his family. Last week, he made an overture to the industry,&nbsp;<a href=\"https:\/\/x.com\/RonFilipkowski\/status\/1836512971410833702\" target=\"_blank\" rel=\"noreferrer noopener\">paying for burgers<\/a>&nbsp;with Bitcoin at a cryptocurrency-themed bar in New York.<\/p>\n<p>Vice President Kamala Harris, the Democratic nominee, has begun to signal she would pursue more supportive policies than Biden. She vowed to help grow investment in cryptocurrency to donors in New York over the weekend.<\/p>\n<p>&ldquo;We will encourage innovative technologies like AI and digital assets, while protecting our consumers and investors,&rdquo; Harris said in remarks reported by <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-09-22\/harris-vows-to-grow-ai-crypto-industries-in-pitch-to-nyc-donors\" target=\"_blank\" rel=\"noreferrer noopener\">Bloomberg<\/a>.<\/p>\n<p>Some cryptocurrency lobbyists and industry experts believe since Harris became the nominee, the industry should be doing a better job to make more inroads with her team.<\/p>\n<h2 class=\"wp-block-heading\">Congressional action to regulate industry<\/h2>\n<p>Congress is looking to pass several bills that would provide a regulatory framework for the industry.<\/p>\n<p>Last month, Schumer&nbsp;<a href=\"https:\/\/www.washingtonexaminer.com\/news\/senate\/3122621\/schumer-crypto-bill-pass-senate\/\" target=\"_blank\" rel=\"noreferrer noopener\">said<\/a>&nbsp;he believes a bipartisan cryptocurrency bill could pass the Senate by the end of the year during a virtual town hall. He did not specify which bill he was referring to, but there are a number of measures under consideration.<\/p>\n<p>Sens. Lummis and Kirsten Gillibrand (D-NY), both on the Senate Banking Committee,&nbsp;<a href=\"https:\/\/www.lummis.senate.gov\/press-releases\/lummis-gillibrand-introduce-bipartisan-landmark-legislation-to-create-regulatory-framework-for-stablecoins\/\" target=\"_blank\" rel=\"noreferrer noopener\">introduced a bill&nbsp;<\/a>this spring that would introduce a broad set of safeguards to a type of digital asset that&rsquo;s used to facilitate other cryptocurrency transactions. <\/p>\n<p>Sen. Debbie Stabenow (D-MI), the chairwoman of the Senate Agriculture Committee, recently introduced a&nbsp;<a href=\"https:\/\/www.agriculture.senate.gov\/imo\/media\/doc\/crypto_one-pager1.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">bill<\/a>&nbsp;that would give the Commodity Futures Trading Commission an expanded role in overseeing digital assets. Bipartisan negotiations on the legislation on her panel broke down ahead of the August recess and after Sen. John Boozman (R-AR), the top Republican on the committee, noted he had concerns about the bill.<br \/><strong><br \/><\/strong>&ldquo;The bottom line is that it was Republicans who blocked the crypto bill that Sen. Stabenow put together on the Ag committee, and we are going to have to figure out how to move forward from here,&rdquo; Schumer said in response to a question from the&nbsp;<em>Washington Examiner.<\/em><\/p>\n<p>Some lawmakers and industry experts believe that a cryptocurrency bill could happen during the lame-duck period.<\/p>\n<p>&ldquo;I continue to work with both parties to make that happen, and I appreciate that I&rsquo;ve even had the opportunity to make some comments on what&rsquo;s going on in the AG committee with their legislation,&rdquo; Lummis said. &ldquo;I continue to approach this topic with hopes that during the lame duck, we&rsquo;ll be able to get a comprehensive framework across the finish line.&rdquo;<\/p>\n<p>Others believe meaningful legislation may have to wait until the next Congress.<\/p>\n<p>&ldquo;The House made a ton of progress this year, this Senate did quite a bit of work on it this summer, but I think there&rsquo;s a long ways to go to get the details done, and I think the next Congress is going to have a strong foundation on these issues,&rdquo; Smith said.<\/p>\n<p><a href=\"https:\/\/www.washingtonexaminer.com\/\" target=\"_blank\" rel=\"noopener\" title=\" \"><strong><\/strong><\/a><\/p>\n<p>Nevertheless, because of the legislation regarding cryptocurrency, Lummis told the <em>Washington Examiner<\/em> that she believes it&rsquo;s a critical time for the industry to get involved in the election.<\/p>\n<p>&ldquo;They&rsquo;re getting slapped with penalties and enforcement actions after they sought guidance on how to comply at the SEC,&rdquo; Lummis said.<em>&nbsp;<\/em>&ldquo;They did the best they could, and then the SEC penalized them and slapped them with enforcement actions, so now they have to pay lawyers to defend themselves at the SEC.&rdquo;<\/p>\n<p>&ldquo;Their money could be better spent, not paying lawyers to defend them, but to support candidates who understand the asset class and want to see a statutory framework that creates clear rules of the road for how the industry can comply,&rdquo; she added.<\/p>\n<\/div>\n<p> <script data-cfasync=\"false\" src=\"http:\/\/www.washingtonexaminer.com\/cdn-cgi\/scripts\/5c5dd728\/cloudflare-static\/email-decode.min.js\"><\/script><script>!function(){var g=window;g.googletag=g.googletag||{},g.googletag.cmd=g.googletag.cmd||[],g.googletag.cmd.push(function(){g.googletag.pubads().setTargeting(\"has-featured-video\",\"true\")})}();<\/script><script>var _bp=_bp||[];_bp.push({\"div\":\"Brid_1767827\",\"obj\":{\"id\":\"27789\",\"width\":\"1280\",\"height\":\"720\",\"stickyDirection\":\"below\",\"video\":\"1767827\"}});<\/script><script defer src=\"https:\/\/services.brid.tv\/player\/build\/brid.min.js\"><\/script><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cryptocurrency sector is experiencing significant internal conflict regarding its financial contributions for the 2024 elections aimed at supporting candidates aligned with their interests. This discord arises as the industry has invested a historic sum of over $119 million in this election cycle, which constitutes nearly half of all corporate political donations, trailing only behind fossil fuel contributions, according to a report by Public Citizen. Tensions escalated after the Defend American Jobs PAC, linked to FairShake PAC, declared it would allocate at least $12 million to back Republican Bernie Moreno against Sen. Sherrod Brown (D-OH). Following this announcement, Democratic donor Ron Conway opted to leave the cryptocurrency super PAC after expressing his disagreement via email with concerns that targeting Brown could hinder Senate Majority Leader Chuck Schumer&#8217;s efforts to pass pro-cryptocurrency legislation by year-end. Conway had previously contributed $500,000 to FairShake.<\/p>\n<p>Kristin Smith, CEO of Blockchain Association, noted in an interview that these decisions are deeply personal and often emotional for many involved; while some individuals vote solely based on crypto issues, others do not share that singular focus. Additionally, frustration arose among Republicans when FairShake endorsed Democratic Reps. Ruben Gallego (AZ) and Elissa Slotkin (MI) for their Senate campaigns.<\/p>\n<p>Senator Cynthia Lummis (R-WY), a strong advocate for pro-cryptocurrency policies, questioned whether some Democrats&#8217; newfound interest in digital assets was merely due to the industry&#8217;s growing influence in political races. According to Follow the Crypto\u2014a project led by researcher Molly White\u2014Republican candidates have received more funding from cryptocurrency sources than their Democratic counterparts: $54.6 million versus $34.7 million respectively.<\/p>\n<p>An anonymous industry advocate remarked on how this situation is alienating various stakeholders within crypto circles and highlighted a trend toward Republican support due partly to perceived hostility from several Democrats towards the industry\u2014particularly directed at SEC Chair Gary Gensler under President Biden&#8217;s administration.<\/p>\n<p>Gensler recently testified before Congress regarding his regulatory approach towards digital assets amid scrutiny from both sides of the aisle; he faces criticism particularly from Senator Elizabeth Warren (D-MA), who has opposed legislation favored by crypto advocates while pushing for stricter regulations instead.<\/p>\n<p>In terms of campaign strategies within cryptocurrency-aligned super PACs focusing primarily on congressional races, there\u2019s also an emerging faction supportive of Trump within the industry\u2014evidenced by substantial donations made by prominent figures like Cameron and Tyler Winklevoss as well as venture capitalists Marc Andreessen and Ben Horowitz joining Team Trump.<\/p>\n<p>On the other hand, Vice President Kamala Harris has indicated her intention to adopt more favorable policies toward cryptocurrencies compared with Biden\u2019s stance during recent fundraising events where she expressed support for innovative technologies including digital assets.<\/p>\n<p>Congress is currently considering multiple bills aimed at establishing regulatory frameworks for cryptocurrencies; Schumer believes bipartisan legislation could be passed before year-end although specific details remain unclear amidst ongoing negotiations between lawmakers like Senators Lummis and Debbie Stabenow (D-MI).<\/p>\n<p>Despite progress made thus far in addressing these issues through legislative efforts this year across both chambers of Congress\u2014the consensus among some experts suggests meaningful reforms may need await until next session begins post-election cycle given existing complexities surrounding proposed measures related specifically towards regulating cryptocurrencies effectively moving forward into future legislative agendas<\/p>\n","protected":false},"author":2657,"featured_media":2345391,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2024\/08\/Trump-Bitcoin-2024-scaled-866x1024.webp","fifu_image_alt":"","footnotes":""},"categories":[538],"tags":[6017,6987,6571,5894,5270],"class_list":["post-2345390","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner","tag-advocacy","tag-crypto","tag-elections","tag-politics","tag-regulation"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2024\/08\/Trump-Bitcoin-2024-scaled-866x1024.webp","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2345390","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/2657"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2345390"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2345390\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2345391"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2345390"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2345390"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2345390"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}