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House Democrats won’t be forced to vote against two pro-crypto bills

House Democrats won’t be forced to vote against two pro-crypto bills

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Source: Coin Telegraph

A leaked email shows Democratic Party leaders “strongly oppose” two Republican-led crypto bills, but will not force House members to vote no on them.

United States House of Representatives Democrats will not be forced to vote against two pro-crypto bills expected to come up for a floor vote this week — though they are strongly being urged to do so.

A May 20 email from Democrat Party leaders to House members shared by POLITICO shows the party did not urge members to vote no on the Republican-led Financial Innovation and Technology for the 21st Century (FIT21) Act and the CBDC Anti-Surveillance State Act — H.R. 4763 and H.R. 5403 respectively.

Both bills have been perceived as positive for the crypto industry if passed. 

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Author: Jesse Coghlan