


#Blockchain #Michigan #Clarityact 
Commentary on Stance
Add your own commentary on this stanceIn a virtual town hall, Abdul El-Sayed said: "Pernicious, predatory get-rich-quick schemes... I think crypto is one of them."



#Blockchain #Michigan #Clarityact 
In a virtual town hall, Abdul El-Sayed said: "Pernicious, predatory get-rich-quick schemes... I think crypto is one of them."
"Iām committed to crafting the kind of smart, protective regulatory framework that lets blockchain fulfill its promise for families across the Arab American community and beyond ā while making sure it never becomes a tool for those who would exploit it. Because sending money home should feel like an act of love. Not a gamble."
Abdul El-Sayed completed the Stand With Crypto Questionnaire and advocates for comprehensive legislative frameworks to provide clarity for digital asset businesses, define asset classifications, and clarify agency oversight. He supports consumer protection, transparency, the right to self-custody, and ending de-banking, while also believing blockchain can foster innovation if accompanied by robust guardrails against misuse.