Reported 5 months ago
The article discusses how cryptocurrency, particularly ether (ETH-USD), has become a political issue, with ether experiencing a significant price surge following speculation on the approval of spot ether ETFs by the Securities and Exchange Commission (SEC). There was uncertainty around the approval, but the odds increased after reports of the SEC potentially changing its stance. The article highlights a shift in Washington towards crypto, bipartisan legislation, and a growing coalition around stablecoins, indicating a changing attitude towards cryptocurrencies as potential voters are courted.
Source: YAHOO