Congressman Calls for More Crypto Understanding in Leadership Amid Regulation Standstill
• Representative Dean Phillips criticizes Biden and Trump as not having the right understanding of crypto to lead the country forward • Phillips acknowledges he doesn't fully understand crypto but says few in Congress do • Phillips has never personally invested in crypto or NFTs due to conflict of interest concerns • Republican candidate Vivek Ramaswamy has released a crypto policy platform, while Trump sells NFTs but rarely discusses crypto • Phillips suggests Congressional dysfunction has stalled crypto regulation bills like the FIT21 Act from being passed into law