As part of its 2024 US election coverage, Cointelegraph spoke to various congressional candidates to gather their views on cryptocurrency and blockchain technology.
Robert Hyde is a Marine Corps veteran running for the United States Senate to represent the state of Connecticut. Although he initially rose to prominence due to his involvement in the Trump-Ukraine case, his stance on digital assets is simple and crystal clear: regulation is the way forward.
“Just as voters evaluate candidates based on their positions on taxes, healthcare, or national security, they should also consider how a candidate approaches innovation in financial technology and digital assets,” Hyde told Cointelegraph. “Cryptocurrencies and blockchain could impact everything from job creation and economic growth to personal financial freedom and national security,” he added.
The upcoming US Senate term will address central issues facing the crypto and blockchain industry, such as the Financial Innovation and Technology for the 21st Century Act (FIT21), which would clarify the roles of the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) in overseeing different types of digital assets.