Eric Hovde quoted in Politico Playbook: “I support decentralized finance, and see Bitcoin as an asset for the future and fully support the community. That said, I believe the United States needs to provide a regulatory structure for legitimate actors involved in Bitcoin and Ethereum in this country so that shady people like SAM BANKMAN-FRIED, drug traffickers and scam artists can’t take advantage of consumers. Nor am I supportive of thousands of different junk coins that have no value being created.