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Republican U.S. Congressmen Demand Answers on the Biden Administration’s Crypto Stance

Reps. Warren Davidson of Ohio and Mike Flood of Nebraska wrote a letter to the council’s Chair Cecilia Rouse on Monday asking questions about how crypto firms can comply with “conflicting” laws and about whether legislation is needed. 

The crux of those questions stem from concerns about what the lawmakers call a “change in tone” about the benefits of digital assets from the Biden Administration. 

Warren and Davidson asked Chair Rouse to respond by May 26. 

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