English
Arabic
Chinese (Simplified)
Indonesian
Russian
What do progressive Democrats, Republican nationwide safety hawks and Wall Road merchants have in widespread? They’re all apparently enlisting in United States Senator Elizabeth Warren’s “anti-crypto military.” The progressive senator’s reported alliance with Marc Cohodes, a Wall Road short-seller who profited from the latest carnage at crypto banks, is the newest instance.
Crypto natives doubtless see the bizarre pairing as additional proof that entrenched pursuits are conspiring to kill Web3 in the USA. They aren’t totally incorrect, however America’s polarized factions are uniting towards crypto for a purpose. The trade has persistently failed to handle legitimate considerations about monetary crime and nationwide safety. That should change, or Warren’s anti-crypto military will proceed attracting recruits.
Alex O’Donnell is the founder and CEO of Umami Labs and labored as an early contributor to Umami DAO. Previous to Umami Labs, he labored for seven years as a monetary journalist at Reuters, the place he lined M&As and IPOs.
Proceed Studying on Coin Telegraph