In a massive endorsement for cryptocurrencies from the Democratic faction, Senate Majority Leader Chuck Schumer (D) emphasized the importance of “sensible and long-lasting” regulation for the industry. What Happened: During a virtual town hall interaction with billionaire entrepreneur Mark Cuban, a known cryptocurrency advocate, organized by the “Crypto for Harris” advocacy group. Schumer stated emphatically, “Crypto is here to say, no matter what.” The senior Democrat acknowledged the growing popularity of cryptocurrencies, stating that approximately 20% of Americans use them and that the num…
