Cryptocurrency Research from Coinbase Supported Platform! “The Number of Crypto-Supporting US Senators Is Increasing!”

in the USA Bitcoin And cryptocurrencyWhile interest in cryptocurrencies continues to increase, there is no legal regulation for the crypto sector.

While regulatory work continues Stand with Crypto, a non-profit subsidiary of Coinbase announced the results of new research.

According to Cointelegraph news, Stand with Crypto revealed that a total of 18 US senators now support cryptocurrencies.

Stand With Crypto’s research has already found that Republican senators Cynthia Lumnis and Ted BurrHe states that he stands out as the most pro-crypto politicians in the US Senate.

While 14 of these 18 senators are Republicans and only 4 are Democrats, Lumnis and Burr are followed closely by fellow Republicans Ted Cruz and Bill Hagerty.

Stand With Crypto reported in its research that although 18 senators were cryptocurrency supporters, a total of 30 senators were firmly on the opposition side.

Accordingly, it was stated that 23 of the 30 senators who are against crypto are Democrats, 5 are Republicans and 2 are Independent.

Stand With Crypto also added in its research that Republican presidential candidate Donald Trump and independent presidential candidate Robert F. Kennedy, who accepts donations to his campaign with Bitcoin, have turned to supporting cryptocurrencies.

In contrast, Stand With Crypto is the current President Joe BidenHe listed himself as anti-cryptocurrency, with five public statements indicating a negative stance on digital assets.

*This is not investment advice.