Crypto, Bitcoin Have a New Powerful Ally in Congress

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The Street

By Vidhi Choudhary Even as losses for crypto investors mount, the industry has found a surprising defender for these volatile digital assets in Congress. Cryptocurrency doesn’t have too many friends in President Joe Biden’s administration. Bitcoin, the world’s most traded cryptocurrency, has been classified as a volatile asset class by all and sundry part of the liberal left. Bitcoin and other cryptocurrencies, which are also being viewed as the future of money, by some, including the likes of digital payments giant Block (SQ) – Get Block Inc Class A Report Chief Executive Jack Dorsey, has bec…

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