Cryptocurrency News

Community fires back at anti-crypto letter sent to US lawmakers

06/02/2022

Less than a minute

2022.06.02 13:56

Community fires back at anti-crypto letter sent to US lawmakers

The increase of crypto lobbyists recently sparked an effort from anti-crypto individuals in the tech space to urge regulators through a letter to resist the influence of blockchain advocates. In response, the crypto community criticized the move and laid out counterarguments against the contents of the letter.

Signed by 26 tech personalities, the letter sent to United States lawmakers described crypto assets as “risky, flawed, and unproven digital financial instruments.” It expressed disagreements about the potential of blockchain technology and has urged the regulators to create harsher regulations for cryptocurrencies.

06/02/2022

Less than a minute

Leave a Reply Cancel reply

You must be logged in to post a comment.

Bitcoin (BTC) $ 104,414.98 0.08%

Ethereum (ETH) $ 3,351.04 3.37%

XRP (XRP) $ 3.28 1.04%

Tether (USDT) $ 0.999266 0.14%

Solana (SOL) $ 254.85 16.42%

BNB (BNB) $ 712.33 0.78%

Dogecoin (DOGE) $ 0.401831 5.41%

USDC (USDC) $ 1.00 0.00%

Cardano (ADA) $ 1.14 1.15%

Lido Staked Ether (STETH) $ 3,343.38 3.54%

TRON (TRX) $ 0.244428 1.55%

Avalanche (AVAX) $ 40.25 2.60%

Chainlink (LINK) $ 24.39 3.55%

Stellar (XLM) $ 0.492442 2.90%

Sui (SUI) $ 4.94 0.65%

hedera-hashgraph

Hedera (HBAR) $ 0.36519 0.48%

wrapped-bitcoin

Wrapped Bitcoin (WBTC) $ 103,964.86 0.16%

Wrapped stETH (WSTETH) $ 3,940.39 4.68%

Shiba Inu (SHIB) $ 0.000023 5.81%

the-open-network

Toncoin (TON) $ 5.34 4.86%

Polkadot (DOT) $ 7.20 3.38%

WETH (WETH) $ 3,351.40 3.41%

Litecoin (LTC) $ 128.14 5.43%

Bitcoin Cash (BCH) $ 468.77 4.27%

LEO Token (LEO) $ 9.52 2.52%

Uniswap (UNI) $ 14.41 3.69%

Bitget Token (BGB) $ 6.90 2.39%

Pepe (PEPE) $ 0.000019 7.95%

Hyperliquid (HYPE) $ 21.88 5.06%

Wrapped eETH (WEETH) $ 3,542.58 3.32%

NEAR Protocol (NEAR) $ 5.62 2.35%

USDS (USDS) $ 1.00 0.03%

Ethena USDe (USDE) $ 0.999029 0.21%

Aptos (APT) $ 9.43 3.28%

Official Trump (TRUMP) $ 26.01 505.96%

internet-computer

Internet Computer (ICP) $ 10.81 4.35%

Aave (AAVE) $ 320.12 5.01%

VeChain (VET) $ 0.053561 2.36%

Ondo (ONDO) $ 1.34 5.14%

polygon-ecosystem-token

POL (ex-MATIC) (POL) $ 0.492781 2.59%

Ethereum Classic (ETC) $ 27.25 3.48%

Monero (XMR) $ 218.37 3.35%

Render (RENDER) $ 7.59 4.22%

Algorand (ALGO) $ 0.456644 1.38%

Bittensor (TAO) $ 464.16 4.58%

crypto-com-chain

Cronos (CRO) $ 0.136826 6.17%

MANTRA (OM) $ 3.85 0.49%

Mantle (MNT) $ 1.08 4.50%

Kaspa (KAS) $ 0.141163 8.97%

Dai (DAI) $ 1.00 0.03%