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When the Crypto Crew Cheers Crypto Rules

Senators Kirsten Gillibrand and Cynthia Lummis are out stumping for their crypto bill. They’ve got the industry’s support. 

Senators Kirsten Gillibrand and Cynthia Lummis are out stumping for their crypto bill. They’ve got the industry’s support. 

Photographer: Bloomberg

Welcome to Bloomberg Crypto, our twice-weekly look at Bitcoin, blockchain and more. If someone forwarded this to you, sign up here. In today’s edition, Allyson Versprille considers the prospects for some potentially landmark US crypto legislation:

A Senate duo is ramping up their campaign to build support for legislation that would regulate digital assets. They already seem to have won over the industry — their own colleagues may be another matter.