U.S. Senate Majority Leader to pass bipartisan pro-crypto legislation if Harris wins

U.S. Senate Majority Leader Chuck Schumer has committed to passing bipartisan pro-crypto legislation by the end of the year if Vice President and Democratic candidate Kamala Harris is elected President, Cointelegraph reported. Speaking at the Crypto4Harris town hall, Schumer emphasized the need to address cryptocurrency innovation and prevent it from moving overseas to less regulated environments. He stressed the importance of building momentum in the Senate to pass sensible legislation that maintains the U.S.'s leadership in innovation. Schumer called for broad bipartisan cooperation and support to ensure effective and balanced regulation of the crypto industry.