Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»ADOPTION NEWS»Presidential Candidate Discusses Tornado Cash and Pending Legislation at Stand With Crypto Event.
ADOPTION NEWS

Presidential Candidate Discusses Tornado Cash and Pending Legislation at Stand With Crypto Event.

By Crypto FlexsDecember 12, 20233 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Presidential Candidate Discusses Tornado Cash and Pending Legislation at Stand With Crypto Event.
Share
Facebook Twitter LinkedIn Pinterest Email

In a relatively rare move, US presidential candidates took a key stance on cryptocurrency-related issues at an event organized as part of Coinbase’s grassroots initiative Stand with Crypto.

Republican presidential candidates Asa Hutchinson and Vivek Ramaswamy and Democratic presidential candidate Dean Phillips spoke Monday at the New Hampshire Institute of Politics at St. Anselm College. We spoke with CoinDesk, which sponsors the event.

The candidates elaborated on the details. Especially Ramaswamy, who mentioned Tornado Cash in his opening speech. Last August, the judge agreed It worked with the Treasury Department after sanctioning cryptocurrency mixers last year. Critics in the cryptocurrency industry have criticized the Treasury Department’s move, arguing that Tornado Cash is software and not a person, and that it does not have the authority to sanction Mixer.

Ramaswamy likened code to a “form of speech.”

“Think about what happened in the Tornado Cash incident,” Ramaswamy said. “Punishing entire protocols or entire ways of doing business, as opposed to going after individual offenders, is illegal and unconstitutional under current law.”

Cryptocurrencies are not often mentioned during presidential candidacy. Surprisingly Republican presidential election candidate At last week’s Republican presidential debate, we talked about Binance, former FTX CEO Sam Bankman-Fried, and Securities and Exchange Commission Chairman Gary Gensler. Ramaswami himself He disclosed his cryptocurrency plan In front of the Texas Blockchain Council last month.

potential legislation

Phillips was asked by CoinDesk on Monday what cryptocurrency companies should do while the government is expected to announce new legislation.

Phillips said he would consider a cryptocurrency market rescue bill that was submitted through the House Financial Services Committee last summer.

“I think the FIT 21 bill is a bill that needs to be considered,” Phillips said.

Phillips said he likes the privacy elements of cryptocurrencies, but they should not come at a cost or be used maliciously.

“I’m sure everyone would agree with that,” Phillips said. “So I think we have to make a prudent decision.” “So I’m not going to come to you with a hardened heart, because this is a conversation we need to start and it’s getting too late in the game for that.”

stay here

Hutchinson said Monday that cryptocurrencies are “here to stay.”

“I want to ensure that crypto assets and the cryptocurrency industry can thrive under my administration,” Hutchinson said. “Once again, I want the cryptocurrency industry to thrive in the United States and be led by the United States.”

This will require clarification of rules, “sustained consumer trust,” “coding power” and affordable energy, Hutchinson added.

According to news reports, former President Donald Trump is by far the leader in the pool of Republican candidates. Trump was followed by Ron DeSantis, Nikki Haley, Ramaswami, Chris Christie and Hutchinson. 538. President Joe Biden is said to be leading the Democratic Party in approval ratings, followed by Marianne Williamson and Phillips. 538.


Disclaimer: The Block is an independent media outlet delivering news, research and data. As of November 2023, Foresight Ventures is a majority investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information about the cryptocurrency industry. Below are our current financial disclosures.

© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Bitcoin Treasury Firm Strive adds an industry veterans and starts a new $ 950 million capital initiative.

September 16, 2025

The best Solana depin project to form the future -Part 2

September 8, 2025

Ether Lee (ETH) tests major support for $ 4,453 after the highest rejection.

August 31, 2025
Add A Comment

Comments are closed.

Recent Posts

Green Hood Contracts Thanksgiving Summary -Ackee Blockchain

September 17, 2025

BetFury Is At SBC Summit Lisbon 2025: Affiliate Growth In Focus

September 17, 2025

FED Mining’s Cloud Mining Platform Is Helping Users Earn $8,800 Per Day, And XRP’s Growth Is Driving Market Enthusiasm.

September 17, 2025

Stablecoin Holdings Drop As Investors Pivot To SOL, XRP, And Altcoins

September 17, 2025

Flipster Partners With WLFI To Advance Global Stablecoin Adoption Through USD1 Integration

September 17, 2025

Zircuit Launches $495K Grants Program To Accelerate Web3 Super Apps

September 16, 2025

Kintsu Launches SHYPE On Hyperliquid

September 16, 2025

New Cryptocurrency Mutuum Finance (MUTM) Raises $15.8M As Phase 6 Reaches 40%

September 16, 2025

How XRP Enthusiasts Can Earn $15k/Day

September 16, 2025

Bringing 1R0R To R0AR Chain Unlocks New Incentives

September 16, 2025

As the Air drop recipient is sold, the infinite price is 46% conflict after Binance listing.

September 16, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Green Hood Contracts Thanksgiving Summary -Ackee Blockchain

September 17, 2025

BetFury Is At SBC Summit Lisbon 2025: Affiliate Growth In Focus

September 17, 2025

FED Mining’s Cloud Mining Platform Is Helping Users Earn $8,800 Per Day, And XRP’s Growth Is Driving Market Enthusiasm.

September 17, 2025
Most Popular

Bitfarms announced a $60 million private placement round with U.S. institutional investors.

November 25, 2023

Bitcoin NFT ordinal inscriptions continue to grow. The total number of inscriptions exceeds 62 million.

March 20, 2024

Former Binance CEO Zhao Unveils Education-Focused Cryptocurrency Initiative

March 19, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.