New York lawmaker believes holding digital assets is unethical 

Alexandria Ocasio-Cortez, the famous lawmaker from New York, disclosed that she does not hold or own any crypto token. The Democrat, known for her unusual political opinions and attitudes, has expressed her thoughts on members of Congress owning digital assets. She believes it is “absolutely wild” and inappropriate for U.S. lawmakers to be permitted to own and trade popular stocks while also serving on policy-making.

Alexandria hopes to remain impartial by not owning any digital asset

Alexandria Ocasio-Cortez highlighted why she has chosen not to buy stocks or digital assets while posting about it on her Instagram story this Monday. She cites her reasoning as being based on her belief that members of Congress who should remain neutral and act professionally in their lawmaking should not own or hold Bitcoin and similar assets.

In her Instagram story, she explained that their employment as legislators exposes them (herself and her colleagues) to very confidential information and upcoming policy. She also claims that, as a member of the Financial Services Committee (FSC), digital assets are a no-no for her if she wants to keep herself ethical and professional.

In contrast to Alexandria’s views, a senator from Texas, Ted Cruz urged for crypto adoption in Congress.

As TheCoinRise reported, the U.S. is considering a structured set of regulations to control crypto transactions, especially stablecoin issuance.

Alexandria has always been opinionated on a wide range of issues, and her recent Met Gala outfit, “Tax the Rich,” sparked a firestorm. She and her colleagues Rashida Tlaib and Ayanna Pressley tried to gain President Joe Biden’s eye in order to convince him to appoint someone other than Jerome Powell to the chair of the Federal Reserve Board of Governors. In the end, Biden chose Powell, despite AOC’s request that the U.S. president picks someone who would truly address social issues and focus on the so-called climate crisis.

Notably, Jerome Powell recently said that the Fed is not rushing the development of CBDCs, which indicates a bizarre direction for a country that is developed and highly determined to regulate the crypto industry.