Notable crypto CEOs, developers, venture capitalists and industry groups including the likes of FTX’s Sam Bankman Fried and Gemini’s Cameron and Tyler Winklevoss support Sen. Gillibrand (D-NY) with $150,000 in the second quarter, according to the latest fundraising report.
Sen. Gillibrand is slowly emerging as a dark-horse amongst the U.S politicians as the government tries to control the volatile digital asset industry.
New York’s Democrat Gillibrand co-authored a global crypto regulation bill along with Sen. Cynthia Lummis (R-WY). The pair released the regulation bill in June.
This regulating proposal offers a wide ranging framework to distinguish between the parts of the crypto industry which are controlled by the Securities and Exchange Commission, versus the Commodity Futures Trading Commission, among other policies.
The turbulent bipartisan cryptocurrency bill termed as the Responsible Financial Innovation Act was also composed by the US Senator Kirsten Gillibrand.
Gillibrand got support from Bankman-Fried and FTX.US president Brett Harrison, who gave $5,800 and $2,900 respectively. A combined total of $19,400 came from Multicoin members including co-founder and managing partner Kyle Samani, managing partner Tushar Jain, partner John Robert Reed and general counsel Gregory Xethalis.
Gillibrand receives cash from crypto members of traditional financial companies. $1500 and $1000 came from the head of emerging markets at Morgan Stanley Investment Management, Amy Oldenburg and Bain Capital Crypto partner and head of regulatory & policy TuongVy Le, respectively.
Additional funding also came from Union Square Ventures, Uniswap Labs, Delta Blockchain Fund, Andreessen Horowitz, Meta, dYdX Trading and HODL PAC.
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