- A total of 18 U.S. senators are considered pro-crypto, according to Coinbase advocacy group Stand with Crypto.
- Republican senators Cynthia Lummis and Ted Burr are highlighted as the most supportive of crypto, with eight bills and numerous public statements.
- Interestingly, 14 of the pro-crypto senators are Republicans, while only four are Democrats.
Senators Supporting Crypto in the U.S.
According to analysis from Coinbase advocacy organization Stand with Crypto, 18 U.S. senators are considered to be in favor of cryptocurrencies. Among them, Republican senators Cynthia Lummis and Ted Burr stand out as the most supportive, with eight crypto-related bills and a significant number of public statements on the subject.
Political Divide on Crypto Support
The analysis also reveals that the majority of senators in the pro-crypto camp are Republicans, with a total of 14 belonging to this party. In contrast, only four senators supporting crypto are Democrats.
It is noteworthy to see that the support for cryptocurrencies appears to be mostly concentrated within the Republican party. This may suggest that crypto-related policies and legislation may face more partisan challenges in the U.S., with potential implications for the future of the industry.