Crypto Skeptic Congressman Expresses Unexpectedly Pro-Blockchain Views

Democratic Congressman Brad Sherman surprised many by expressing support for new cryptocurrencies during a recent House Committee hearing, but he offered a twist: his view stems from a belief that the sheer number of tokens will be the downfall of the industry. 70-year-old Sherman has long been considered one of Congress’ most vocal opponents of crypto, citing concerns about its potential misuse and advocating for Bitcoin bans.