US congressman and crypto skeptic explains why a crypto ban won’t work

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US congressman and crypto skeptic explains why a crypto ban won’t work
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Crypto is inevitable! In a recent interview, U.S. congressman and a known crypto skeptic Brad Sherman claimed that banning cryptocurrencies is not an option at this point. According to Sherman, there is 'too much money and power behind it.'

In a recent interview, United States congressman and a known crypto skeptic Brad Sherman claimed that banning cryptocurrencies is not an option at this point.quite powerful over the years. He added that the high capital donations to the politicians and strong crypto lobbying make it impossible for them to impose a blanket ban. He explained:

. Nearly three years later, Sherman has changed his tune about a ban and now advocates for regulating the crypto market. “It is hard to be running the subcommittee dedicated to investor protection in a country in which people want to wager on [memecoins].”

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