US Senator Elizabeth Warren has recently signaled a less harsh view on cryptocurrencies during a debate with leading crypto advocate, John Deaton. The Massachusetts Senator, who previously was known for her direct opposition to crypto, reflected more considerate views on the subject, showing her acceptance towards digital assets with the caveat of structured regulation.
These events take place amidst the growing focus towards crypto policy in the US electoral scenario. Warren’s statements hint at a balanced perspective where she supports a crypto system that adheres to standard regulatory rules: “I’m all for having a crypto system if people want to buy and sell crypto. All I want is for them to follow the same rules as everyone else.”
Discussion between Warren and Deaton during the senatorial debate underscored the ideological differences between their political campaigns. Warren reiterated the necessity for regulations and consumer protection, while Deaton argued for the benefits of endorsing crypto-related advancements.
Deaton took a cassical stance critiquing Warren’s efforts aimed at obstructing the crypto industry and framing them as a distraction from other crucial economic issues. Additionally, he humorously referred to his assistance to Ripple’s co-founder, Chris Larsen, in making a donation of XRP to Vice President Kamala Harris.
Warren’s latest viewpoints have sparked debates on whether this is a complete shift in her policy or just a strategic adjustment. Alex Thorn, Galaxy’s head of Research, expressed that Warren remained consistent in her remarks.