20% of US Senate supports Elizabeth Warren’s anti-crypto bill

According to legal expert John E. Deaton, 20% of the US Senate has agreed to support Senator Elizabeth Warren's bill to tighten regulations in the cryptocurrency industry. Deaton also noted that the danger lies in the national narrative regarding crypto that is being controlled and framed by the bill, rather than the bill itself. While none of Warren's bills related to crypto have passed in Congress since 2015, she has recently announced an expanded coalition of support for the Digital Asset Anti-Money Laundering Act. Ryan Selkis, CEO of Messari, warns that the crypto industry should not underestimate Warren's potential to harm the industry.