Bitrabo Editorial
Amidst global economic challenges, prominent Pro-XRP lawyer John E. Deaton has publicly criticized US Senator Elizabeth Warren for the anti-innovation stance taken by the current administration towards digital currencies.
Elizabeth Warren Blamed for Anti-Innovation Approach to Crypto
John E. Deaton holds US Senator Elizabeth Warren responsible for the administration’s unfavorable approach to digital currencies, attributing regulatory uncertainties in the cryptocurrency sector to her influence.
Warren’s efforts against cryptocurrencies, including introducing anti-crypto legislation and organizing opposition to their use, have contributed to making crypto a partisan issue, according to Deaton.
Deaton also criticized Warren for prioritizing efforts to prevent 93 million Americans from owning a specific asset class instead of focusing on more pressing real-world issues.
Deaton expressed his disbelief in Warren’s understanding of voter priorities, urging US citizens and the digital asset community to support his campaign against her in the upcoming elections.
Additional Criticism from Prominent Figures
Deaton’s remarks were in response to criticisms by SkyBridge Capital’s Anthony Scaramucci, who condemned Warren and President Joe Biden for underestimating the support for digital assets among voters.
Scaramucci pointed out the sizable number of crypto holders in the US and criticized the Democrats’ view that attacking the crypto sector and its supporters is a viable political strategy.
Coinbase, a San Francisco-based crypto exchange, also expressed concerns about the partisan treatment of digital assets, advocating for the election of candidates who prioritize these assets without being swayed by political considerations.