"We all believe in the future of crypto," Schumer said at the online event hosted by Crypto4Harris. "Congress has a responsibility to provide common sense and sound regulation on crypto, and we need your support to make sure that any proposal is bipartisan."
Billionaire Mark Cuban emphasized that former President Donald Trump's interest in crypto largely stems from a desire to enhance the wealth of rich digital asset investors.
In Harris' absence, several Democratic lawmakers assured attendees during the virtual town hall that she would pave the way for new U.S. crypto regulations.
Schumer's legislative optimism for crypto regulation faces significant challenges as the congressional session nears the general election, complicating progress on major policy efforts.
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