【Members of the U.S. House of Representatives from both parties have different views on holding cryptocurrencies】


Should the bipartisan bill that restricts lawmakers' stock trading also apply to their holdings of cryptocurrencies? This question has divided the two sponsors of the House stock trading ban legislation. According to reports, Democratic Representative Abigail Spanberger of Virginia and Republican Representative Chip Roy of Texas are leading the push for this bill, which requires stocks to be placed in blind trusts to prevent lawmakers from trading on privileged information. Abigail Spanberger insists that stocks and cryptocurrencies are similar because their value can be influenced by lawmakers. Their conflict is the latest sign of the growing influence of the emerging crypto industry in Washington, with over $100 million in funding supporting crypto-friendly politicians who may help create a more favorable regulatory environment, although Chip Roy disagrees.
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