Proponents of the bipartisan bill in the U.S. House of Representatives have differing views on cryptocurrency

ChainCatcher news, according to DLNews, the question of whether a bipartisan bill restricting lawmakers' stock trading should also apply to the cryptocurrencies they hold has caused a rift between the two sponsors of the House stock ban legislation.

Reports indicate that Virginia Democratic Representative Abigail Spanberger and Texas Republican Representative Chip Roy are leading the push for this bill, which requires lawmakers to place their stocks in blind trusts to prevent them from trading on privileged information.

Abigail Spanberger insists that stocks and cryptocurrencies are similar because their values can be influenced by lawmakers. Their conflict is the latest indicator of the emerging cryptocurrency industry's growing prominence in Washington, alongside over $100 million in funding to support crypto-friendly politicians who may help create a more favorable regulatory environment, though Chip Roy disagrees.