A known blockchain advocate, Alexis Ohanian, co-founder of social media platform Reddit Inc. (NYSE:RDDT), highlighted the Democrats who crossed party lines to support a pro-crypto legislation in the Senate Thursday.
What Happened: The U.S. Senate joined the House of Representatives in repealing a controversial SEC directive that would prevent highly regulated financial firms from custodying Bitcoin (CRYPTO: BTC). The legislation was passed by a 2/3rd majority vote.
Interestingly, a dozen Democrats defied the party's hardening anti-crypto stance in supporting the resolution.
Apart from Senate Majority Leader Chuck Schumer (D), Sens. Kirsten Gillibrand (D), Gary Peters (D), Bob Casey (D), Jacky Rosen (D), Jon ...