U.S. Senator Pat Toomey says that crypto assets are here to stay and “a thoroughly diversified portfolio should have some.” The lawmaker added that he has a “very simple” investing strategy — diversify.
Pat Toomey วุฒิสมาชิกสหรัฐกล่าวว่าสินทรัพย์ crypto อยู่ที่นี่และ “พอร์ตโฟลิโอที่มีความหลากหลายอย่างทั่วถึงควรมีบางส่วน” ผู้ร่างกฎหมายกล่าวเสริมว่าเขามีกลยุทธ์การลงทุนที่ "ง่ายมาก" — กระจายความเสี่ยง.
US Lawmaker Says Crypto Is Here to Stay
U.S. Senator Pat Toomey talked about cryptocurrency on CNBC Wednesday. The senator was asked whether he was actively trading cryptocurrency. While admitting that crypto assets are part of his diversified investment portfolio, he clarified that “Actively trading would be a huge exaggeration.”
The senator from Pennsylvania explained:
"Ever since I could accumulate any savings, I had a very simple strategy — diversify."
In June last year, Toomey disclosed that he had invested in Grayscale Investments’ bitcoin and ethereum trusts.
The spokeswoman for the senator told Marketwatch that crypto makes up less than 1% of Toomey’s overall investment portfolio.
“Since Senator Toomey first began accumulating savings years ago, he has believed the best approach for generating long-term wealth was to have a highly diversified investment portfolio,” she detailed.
Noting that “crypto has become a meaningfully-sized asset class,” the spokesperson emphasized that “maintaining a well-diversified investment portfolio now means owning some crypto.
"I have always been an advocate for free markets, limited government, lighter regulation, lower taxes."
He was also asked whether lawmakers should be able to invest in crypto assets when they have the ability to influence their regulation.
Senator Toomey replied: “We have a very extensive disclosure regime. Every transaction has to be reported. All assets have to be reported. People can see what members of Congress do and they can draw their own conclusions.”