US Senator Elizabeth Warren’s crypto attitude was questioned after the debate against Pro-XRP Attorney John Deaton. The seemingly less aggressive remarks from the senator deviate from her repeatedly hostile approach to the sector, which surprises the community.
Massachusetts Senate’s debate is heated
Democratic Senator Elizabeth Warren, known in the industry for her strong anti-kripto attitude, surprised the community with her most recent comments during the Massachusetts Senate debate against lawyer John Deaton.
The candidates for the Senate seats in Massachusetts have many different approaches, as the debate hosted. Senator Warren previously promised to build “an anti-crypto army” and called the industry a “threat to financial stability”. Meanwhile, Deaton, Pro-crypto, Warren and the federal authorities’ ‘overly aggressive regulation’ of the sector have often criticized.
During the debate, Senator Warren repeatedly said that she was open to digital assets if the industry followed the same rules as the other financial institutions, which apparently deviate from her previous hostile remarks.
I want it all to have a crypto system if people want to buy and sell crypto. All I want is some basic fair rules, the same kind of fair rules that have to apply to all our financial institutions.
However, Deaton noted that “the rules are already there” and the motives behind the Democratic Senator’s decision to build an army against industries question “with everything that is going on.”
In addition, the Pro-XRP advocate suggested that Warren’s policy does not prefer the working class, saying that they “instead” hurt poor people “. Deaton also said he wishes Senator Warren “attacked” inflation and border safety “the way she attacks, and that it is focused on crypto.”
The Democratic Senator argued that if Deaton went to Washington, he would fight for the sector as his ‘Crypto mates wanted a return on their investment’, pointing out that the operating figures donated to the lawyer’s campaign to win the Senate seat.
Nevertheless, Kamala Harris’s presidential campaign also received contributions in cryptocurrencies. As reported by Bitcoinist, the US Vice President and Democratic nominee recently received her first documented donation in digital assets after the co-founder of Ripple XRP worth $ 1 million to the Political Action Committee (PAC).
Is Senator Warren “all in for crypto”?
The community responded to the debate and questioned the reason behind Warren’s less aggressive wording. Fox Business journalist Eleanor Terrett wonders if the Democratic Senator is back on her anti-industry attitude because her comments were not as hostile as usual.
However, Galaxy’s head of research, Alex Thorn, refuted this hypothesis. In an X -mail, Thorn pointed out that Warren’s remarks matched her previous views, nothing that her wording implies the same approach to the sector:
No, Warren is consistent. May seem reasonable when she says, “The same rules as the banks.” But she means compliance with BSA compliance with non-supervisory entities such as wallets, software-deers, smart contracts, miners and validators, which is a ban on blockchain networks themselves.
Similarly, investors also expressed their dissatisfaction with the commentary of the senator. Scott Melker, host of the Wolf of All Streets-Podcast, calls Warren a ‘fat-facing liar’, and notes that she attacked Deaton because she held digital assets while “completely lied to her comments on the crypto. Astonishing lies. ‘
In the end, the community seems to be considered Senator Warren’s statement as a ‘Trojan horse’ instead of an honest attempt to soften her attitude and work with the industry.
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