The US Midterm Elections: What Crypto Friendly Politicians Got Seats in the Congress?

Politics regulates every single aspect of life, thus, it is of utter importance to the crypto community to have those people in charge that support cryptocurrencies and innovative technologies in general.

The recent elections in the US actually brought a couple of people that openly support digital currencies. They are:

1. Gavin Newsom, a new governor of the state of California. This politician is quite friendly towards Bitcoin and even accepts it as a means of payment for his campaign donations.

Given the high position that he received, Newsom may positively influence the cryptocurrency regulation in America.

2. Jared Polis, a new governor of the state of Colorado. Polis sees great potential in the blockchain technology and plans to focus on its development and further implementation into various industries.

I will work alongside the legislature to create a statewide safe harbor designed to exempt cryptocurrencies from state money transmissions laws, and I will work to establish legislation that protects “open blockchain tokens” or cryptocurrencies that are exchangeable for goods and services,” he claimed.

Hopefully, these two governors as well as those that are yet to come will create the regulation for cryptocurrency in such a way that it will be able to develop and expand while staying safe and risk-free.

We remind you:

Bill Clinton Believes That the Regulation of Blockchain Should Be Very Thought-Out

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