Three House Democrats are urging their divided caucus to support a GOP-led cryptocurrency bill on the floor this week.
Democratic Reps. Don Davis of North Carolina, Josh Gottheimer of New Jersey and Ritchie Torres of New York sent a letter, obtained by POLITICO, to their Democratic colleagues Monday pressing them to vote for the legislation despite its “shortcomings.”
The trio warn in the new letter that the U.S. cannot “lag behind” on cryptocurrency development and “maintaining the status quo only heightens risk, weakens U.S. leadership, and allows bad actors to operate unchecked.”
The Democrats added, “Although this bill is not without its…
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