Summary
A digital asset industry attorney, John Deaton, is considering running as a Republican candidate against Senator Elizabeth Warren, who has expressed anti-crypto views. Deaton has criticized Warren and SEC Chair Gary Gensler for their bias against crypto. Another pro-crypto Republican, Bernie Moreno, is also running to challenge Senate Banking Chair Sherrod Brown. Warren’s claims about crypto financing terrorism and causing an energy crisis have been refuted. Deaton would be a long-shot challenger, but funding through political action committees supporting crypto is increasing.
Key Points
1. A prominent digital asset industry attorney, John Deaton, is considering running as a Republican candidate against Senator Elizabeth Warren, who holds anti-crypto views.
2. Deaton has been critical of Warren and SEC chair Gary Gensler on social media, highlighting their bias and anti-crypto agendas.
3. The potential move by Deaton comes at a time when the crypto industry is poised to have a significant impact on the outcome of the US election, with the incumbent Democrat Party cracking down on the industry and delaying the formulation of a regulatory framework for crypto.