Does Debbie Stabenow Support Crypto?

Sen. Debbie Stabenow (D-Mich.), who chairs the Senate Agriculture Committee, said her goal is to "provide the structure that both protects consumers but also allows this innovation to really flourish," referring to crypto commodities as something the Commodity Futures Trading Commission – long seen as a potentially friendlier regulator toward crypto than the Securities and Exchange Commission – should oversee.

We must have clear, common-sense rules of the road that allow good actors to innovate and grow. Blockchain technology can help us manage data and move money in more efficient and transparent ways, but those goals cannot be realized without comprehensive federal legislation. Our counterparts around the globe recognize this, and the U.S. must as well.