Proponents of a bipartisan bill in the U.S. House of Representatives hold different opinions on cryptocurrencies

Whether a bipartisan bill restricting lawmakers' stock trading should also apply to their cryptocurrency holdings is a matter of disagreement between the two sponsors of the House stock ban legislation. According to reports, Rep. Abigail Spanberg, Democrat of Virginia, and Rep. Chip Roy, Republican of Texas, are leading the push for the bill, which would require placing stocks in a blind trust to make it impossible for lawmakers to trade with privileged information.
Spanberg insists that stocks and cryptocurrencies are similar in that their value is influenced by lawmakers. Their clash is the latest indicator of the burgeoning crypto industry's growing prominence in Washington, along with more than $100 million to support the election of crypto-friendly politicians who could help create a more favorable regulatory environment.