Ro Khanna Discusses Bipartisan Support for Crypto at Digital Asset Summit
Rep. Ro Khanna addressed the Digital Asset Summit, emphasizing blockchain's importance in his California district. He noted the political complexities surrounding cryptocurrency but advocated for bipartisan support.
Key points from Khanna's speech:
- Blockchain is a crucial technology for American influence.
- Congress recently passed a DeFi broker CRA resolution with bipartisan backing, which Khanna supported.
- The resolution aims to overturn an IRS rule classifying decentralized operations as brokers and is now pending President Trump's approval.
- Future legislative priorities include passing a stablecoin bill and a market structure bill, with Trump urging lawmakers for swift action.