.BradSherman believes the U.S. government is unlikely to ban crypto in the near future
In July, Sherman riled up the supporters of the XRP cryptocurrency after stating that the controversial token is anWhile the U.S. government is nowhere close to imposing a blanket ban on cryptocurrencies, it did ban the controversial Tornado Cash protocol last month, ruffling the feathers of crypto lobbyists.
The ban shows that the U.S. government is still capable of collaring crypto in spite of strong lobbying efforts. However, there is some resistance in Congress. Crypto-friendly Republican Tom Emmer started demanding an explanation from the Treasury Department regarding the Tornado Cash sanctions that could have wide implications for the crypto industry.
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