{"id":115239,"date":"2024-10-17T16:21:46","date_gmt":"2024-10-17T09:21:46","guid":{"rendered":"https:\/\/hotvideos24.online\/?p=115239"},"modified":"2024-10-17T16:21:46","modified_gmt":"2024-10-17T09:21:46","slug":"bitcoin-cuts-out-predatory-banks-deaton-takes-on-warrens-anti-crypto-army","status":"publish","type":"post","link":"https:\/\/hotvideos24.online\/?p=115239","title":{"rendered":"\u2018Bitcoin cuts out predatory banks\u2019 &#8211; Deaton takes on Warren&#8217;s \u2018anti-crypto army\u2019"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div>\n<ul>\n<li><i><span style=\"font-weight: 400;\">Republican candidate is advocating for crypto against traditional banking<\/span><\/i><\/li>\n<li><i><span style=\"font-weight: 400;\">Warren leads Deaton by over 23 points in the Senate race<\/span><\/i><\/li>\n<\/ul>\n<p><i\/>With the U.S. elections just weeks away, Republican candidate John Deaton and Senator Elizabeth Warren engaged in a war of words in their first <a href=\"https:\/\/www.youtube.com\/watch?v=kXzaJhEgGj0\" target=\"_blank\" rel=\"noopener nofollow external noreferrer\" data-wpel-link=\"external\">debate.<\/a> They are competing for a Senate seat representing the state of Massachusetts.<\/p>\n<p><span style=\"font-weight: 400;\">On 15 October, the candidates put forward opposing views, particularly on the matter of cryptocurrencies.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Drawing from his experiences with traditional financial institutions, Deaton expressed support for <a href=\"https:\/\/ambcrypto.com\/category\/bitcoin-news\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">Bitcoin [BTC]<\/a> as an alternative to the current system. Reflecting on how cryptocurrencies could help those underserved by banks, he said,\u00a0<\/span><\/p>\n<blockquote>\n<p><span style=\"font-weight: 400;\">\u201cWhen Bitcoin came along, I thought, \u2018Great, now you can cut out predatory banks and middlemen, and you can help unbanked people like my mom.\u201d<\/span><\/p>\n<\/blockquote>\n<h2>Deaton\u2019s criticism of the AML act<\/h2>\n<p><span style=\"font-weight: 400;\">Deaton sharply criticized Warren for prioritizing an \u201canti-crypto army,\u201d questioning her focus on cryptocurrency amid other pressing issues like illegal immigration, inflation, and foreign conflicts.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Furthermore, the Republican candidate took aim at Warren\u2019s Digital Asset <\/span><a href=\"https:\/\/ambcrypto.com\/blog\/crypto-crackdown-warrens-bid-to-stop-sanctions-dodging\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span style=\"font-weight: 400;\">Anti-Money Laundering Act.<\/span><\/a><span style=\"font-weight: 400;\"> He argued that it unfairly targets the cryptocurrency industry.<\/span><\/p>\n<blockquote>\n<p><span style=\"font-weight: 400;\">\u201cHer bill bans crypto self-custody in America, yet she\u2019s allowing banks to custody Bitcoin, another example that Senator Warren\u2019s policies do not help poor people. They do not help the working class. She favors accredited investor rules that exclude 85% of the American population.\u201d<\/span><\/p>\n<\/blockquote>\n<h2>Warren\u2019s position against crypto<\/h2>\n<p><span style=\"font-weight: 400;\">On the contrary, Warren questioned Deaton\u2019s credibility by claiming that 90% of his campaign funding comes from the crypto industry. According to her, this implies a conflict of interest. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">She also highlighted her concerns about the risks posed by the largely unregulated cryptocurrency market. She stated,<\/span><\/p>\n<blockquote>\n<p><span style=\"font-weight: 400;\">\u201cI just want to make sure that crypto has to follow the same rules as every bank, every stock broker, every credit union, and that is some consumer protection laws and some laws to make sure that it\u2019s not open for terrorists, drug traffickers, and human traffickers.\u201d<\/span><\/p>\n<\/blockquote>\n<p><span style=\"font-weight: 400;\">Despite their differences, however, both candidates agreed that traditional banking has failed many Americans.<\/span><\/p>\n<h2>Deaton vs. Warren: Who is leading?<\/h2>\n<p><span style=\"font-weight: 400;\">Deaton is aiming to end years of Democratic control over both of Massachusetts\u2019 seats in the U.S. Senate. <\/span>Worth pointing out though that a pro-crypto position hasn\u2019t helped Deaton\u2019s prospects much. Especially since Senator Warren is leading by 23.5 points.<\/p>\n<p><span style=\"font-weight: 400;\">According to the latest polls from <\/span><a href=\"https:\/\/www.realclearpolling.com\/polls\/senate\/general\/2024\/massachusetts\/deaton-vs-warren\" target=\"_blank\" rel=\"noopener nofollow external noreferrer\" data-wpel-link=\"external\"><span style=\"font-weight: 400;\">RealClear Polling<\/span><\/a><span style=\"font-weight: 400;\">, Warren is expected to win 57.0% of the vote, compared to Deaton\u2019s 33.5%.\u00a0<\/span><\/p>\n<div id=\"attachment_433727\" style=\"width: 2134px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-16-at-2.53.21\u202fPM.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-433727\" class=\"wp-image-433727 size-full\" alt=\"Senate debate over Bitcoin\" width=\"2124\" height=\"763\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-16-at-2.53.21\u202fPM.png 2124w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-16-at-2.53.21\u202fPM-300x108.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-16-at-2.53.21\u202fPM-1024x368.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-16-at-2.53.21\u202fPM-768x276.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-16-at-2.53.21\u202fPM-1536x552.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-16-at-2.53.21\u202fPM-2048x736.png 2048w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-16-at-2.53.21\u202fPM-1200x431.png 1200w\" data-lazy-sizes=\"(max-width: 2124px) 100vw, 2124px\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-16-at-2.53.21\u202fPM.png\"\/><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-433727\" class=\"wp-image-433727 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-16-at-2.53.21\u202fPM.png\" alt=\"Senate debate over Bitcoin\" width=\"2124\" height=\"763\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-16-at-2.53.21\u202fPM.png 2124w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-16-at-2.53.21\u202fPM-300x108.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-16-at-2.53.21\u202fPM-1024x368.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-16-at-2.53.21\u202fPM-768x276.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-16-at-2.53.21\u202fPM-1536x552.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-16-at-2.53.21\u202fPM-2048x736.png 2048w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-16-at-2.53.21\u202fPM-1200x431.png 1200w\" sizes=\"auto, (max-width: 2124px) 100vw, 2124px\"\/><\/a><\/p>\n<p id=\"caption-attachment-433727\" class=\"wp-caption-text\">Source: RealClear Polling<\/p>\n<\/div>\n<h2>United States\u2019 first crypto election<\/h2>\n<p><span style=\"font-weight: 400;\">However, crypto\u2019s influence is not limited to this race. It has taken center stage in the presidential elections too. Donald Trump has been more vocal about his support for digital assets, emerging as the most <\/span><a href=\"https:\/\/ambcrypto.com\/why-trump-is-more-crypto-friendly-than-harris-per-galaxy-digital\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span style=\"font-weight: 400;\">favorable candidate<\/span><\/a><span style=\"font-weight: 400;\"> for crypto.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Meanwhile, <\/span><a href=\"https:\/\/ambcrypto.com\/breaking-down-kamala-harris-crypto-plans-for-more-than-20-of-black-americans\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span style=\"font-weight: 400;\">Kamala Harris<\/span><\/a><span style=\"font-weight: 400;\"> hasn\u2019t shied away from expressing her support for the sector either. Albeit not as vocally or conclusively. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to the latest <\/span><a href=\"https:\/\/polymarket.com\/elections\" target=\"_blank\" rel=\"noopener nofollow external noreferrer\" data-wpel-link=\"external\"><span style=\"font-weight: 400;\">Polymarket<\/span><\/a><span style=\"font-weight: 400;\"> data, Trump currently has a 60.7% chance of winning, over Harris\u2019s odds of 39.3%.\u00a0<\/span><\/p>\n<div id=\"attachment_433728\" style=\"width: 2570px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-16-at-4.24.52\u202fPM.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-433728\" class=\"wp-image-433728 size-full\" alt=\"crypto policies after elections\" width=\"2560\" height=\"1291\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-16-at-4.24.52\u202fPM.png 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-16-at-4.24.52\u202fPM-300x151.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-16-at-4.24.52\u202fPM-1024x517.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-16-at-4.24.52\u202fPM-768x387.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-16-at-4.24.52\u202fPM-1536x775.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-16-at-4.24.52\u202fPM-2048x1033.png 2048w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-16-at-4.24.52\u202fPM-1200x605.png 1200w\" data-lazy-sizes=\"(max-width: 2560px) 100vw, 2560px\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-16-at-4.24.52\u202fPM.png\"\/><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-433728\" class=\"wp-image-433728 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-16-at-4.24.52\u202fPM.png\" alt=\"crypto policies after elections\" width=\"2560\" height=\"1291\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-16-at-4.24.52\u202fPM.png 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-16-at-4.24.52\u202fPM-300x151.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-16-at-4.24.52\u202fPM-1024x517.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-16-at-4.24.52\u202fPM-768x387.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-16-at-4.24.52\u202fPM-1536x775.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-16-at-4.24.52\u202fPM-2048x1033.png 2048w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-16-at-4.24.52\u202fPM-1200x605.png 1200w\" sizes=\"auto, (max-width: 2560px) 100vw, 2560px\"\/><\/a><\/p>\n<p id=\"caption-attachment-433728\" class=\"wp-caption-text\">Source: Polymarket<\/p>\n<\/div>\n<p><span style=\"font-weight: 400;\">Regardless of the outcome, one thing is clear\u2014This U.S. election will shape the future of cryptocurrencies.<\/span><\/p>\n<div class=\"post-nav\">\n<div class=\"next-blog\">\nNext: <a href=\"https:\/\/ambcrypto.com\/uniswap-drives-dex-trading-volume-spike-as-total-trades-hit-544-trillion\/\" rel=\"prev\" data-wpel-link=\"internal\">Uniswap drives DEX trading volume spike as total trades hit $544 trillion<\/a> <\/div>\n<\/div>\n<\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><div data-type=\"_mgwidget\" data-widget-id=\"1660802\">\r\n<\/div>\r\n<script>(function(w,q){w[q]=w[q]||[];w[q].push([\"_mgc.load\"])})(window,\"_mgq\");\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/ambcrypto.com\/bitcoin-cuts-out-predatory-banks-deaton-takes-on-warrens-anti-crypto-army\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Republican candidate is advocating for crypto against traditional banking Warren leads Deaton by over 23 points in the Senate race With the U.S. elections just weeks away, Republican candidate John &hellip; 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