Pro-XRP Lawyer Targets US Senator Elizabeth Warren Over Anti-Innovation Stance on Crypto
John E. Deaton, a prominent advocate for crypto and well-known Pro-XRP lawyer, recently called out US Senator Elizabeth Warren for her role in the current administration’s unfavorable approach to digital currencies. Deaton believes that Warren’s influence has contributed to regulatory uncertainties that are impeding the growth and progress of the cryptocurrency sector, especially during challenging economic times.
Warren’s Anti-Crypto Efforts
- Warren, known for her strong opposition to digital assets and blockchain technology, has taken steps to combat cryptocurrency innovation by proposing anti-crypto legislation and mobilizing efforts against the use of these assets.
- Deaton criticizes Warren for framing crypto as a partisan issue, highlighting that crypto should not be politicized.
- Instead of tackling pressing real-world issues, Warren has focused her attention on restricting access to a specific asset class for millions of Americans, according to Deaton.
Deaton Calls Out Warren’s Disconnect
- Deaton points out that Warren’s preoccupation with crypto regulation reflects a lack of understanding of voter priorities.
- He urges US citizens and the digital asset community to support his campaign against Warren in the upcoming elections.
- Deaton invites individuals to visit his campaign website, johndeatonforsenate.com, to back his efforts to challenge Warren’s stance on crypto.
Additional Criticism from Industry Leaders
In addition to Deaton’s critique, Anthony Scaramucci, the founder of SkyBridge Capital, also weighed in on the issue, criticizing both Warren and US President Joe Biden for their narrow perspective on crypto voters.
- Scaramucci condemned Warren and Biden for underestimating the support for digital assets among the American population.
- He highlighted data indicating a substantial number of crypto holders in the US, emphasizing the potential impact of their voting decisions.
- Scaramucci expressed astonishment at the dismissive attitude of Warren and Biden towards crypto voters, emphasizing the importance of considering their preferences.
Call for Bipartisan Support for Crypto
Coinbase, a leading San Francisco-based crypto exchange, also voiced concerns about the partisan treatment of digital assets, advocating for candidates who prioritize crypto over political divisions.
Hot Take: Driving Change in Crypto Policy
In a climate of economic uncertainty, the crypto community is uniting against anti-innovation stances on digital currencies. John E. Deaton’s outspoken criticism of US Senator Elizabeth Warren underscores the need for bipartisan support for crypto innovation and regulation. As the crypto landscape evolves, it is essential for policymakers to engage constructively with the industry’s stakeholders to foster growth and development.
By
By
By
By