Coinbase-backed nonprofit Stand With Crypto Alliance says 18 U.S. lawmakers support the exchange’s initiative for clearer regulation of digital assets in the country.
Advocacy group Stand With Crypto Alliance says U.S. Senators Ted Cruz (R-Texas) and Cynthia Lummis (R-Wyoming) “strongly support” crypto, with the two lawmakers having jointly sponsored or co-sponsored 11 crypto bills.
According to the Stand With Crypto Alliance, the two senators’ stance on crypto earns them an A score.
Other US Senators with an A score for their “strongly supportive” position on crypto are Ted Budd (R-North Carolina), Bill Hagerty (R-Tennessee), Kirsten Gillibrand (D-New York), John Cornyn (R-Texas ), Tommy Tuberville (R-Alabama), Ron Wyden (D-Oregon), Steve Daines (R-Montana), Marsha Blackburn (R-Tennessee), Cory Booker (D-New Jersey), Markwayne Mullin (R-Oklahoma) , Todd Young (R-Indiana), Kyrsten Sinema (D-Arizona), Thom Tillis (R-North Carolina) and Mike Lee (R-Utah).
The Stand With Crypto Alliance rates U.S. Senators John Boozman (R-Arkansas) and Tim Scott (R-South Carolina) as “supportive” of crypto, giving them a B.
Meanwhile, U.S. Senators Elizabeth Warren (D-Massachusetts), Sherrod Brown (D-Ohio), and Roger Marshall (R-Kansas) are among the lawmakers who score an F for their “strongly opposed” stance on crypto, according to Coinbase. -supported non-profit organization.
Among the 2024 U.S. presidential candidates, the digital asset advocacy group, whose goal is to “mobilize America’s 52 million crypto owners into a powerful force,” awards an A-score to Robert Kennedy and Dean Phillips for their “strongly supportive ” attitude, while Donald Trump received a B for his “supportive” position.
Incumbent President Joe Biden scores a D for his “against” stance on crypto.
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