Senator Schumer pledged to pass cryptocurrency legislation by the end of this year

ChainCatcher news, according to Decrypt, U.S. Senate Majority Leader and New York Democratic Senator Chuck Schumer spoke at the Crypto4Harris conference on Wednesday, promising to pass cryptocurrency legislation by the end of this year. During the live broadcast of the conference, Schumer stated that without action, "cryptocurrency risks flowing overseas to countries with no regulatory standards at all."

The theme of the event was to "restart" the dialogue with Vice President Kamala Harris and the future Harris administration—emphasizing that the crypto space does not belong to any one party.