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A senator hails Scott Bessent as a champion for digital assets, backing his Treasury Secretary nomination to advance a Strategic Bitcoin Reserve and reshape U.S. fiscal policy. The Pro-Crypto Leader Poised to Shape US Fiscal Policy U.S. Senator Cynthia Lummis (R-WY) has voiced firm backing for President-elect Donald Trump’s selection of hedge fund manager Scott … Read more
Avik Roy, the president of a nonprofit think tank, said Senator Cynthia Lummis’ idea that Bitcoin could eliminate federal debt is an “overselling” of what Bitcoin can do. Go to Source
U.S. Senator Bill Hagerty discusses key issues including cryptocurrency’s future under a potential second Trump administration, highlighting former President Donald Trump’s pro-crypto stance and criticism of Democratic policies. Hagerty advocates for a supportive ecosystem to foster innovation and decentralized control of digital assets, contrasting with what he describes as the Democrats’ overly centralized approach. ‘We … Read more
Bitcoin price holds above $63,000 even as regulatory enforcement ramps up and spot BTC ETF outflows raise concern. Go to Source
Support for the Digital Asset Anti-Money Laundering Act is growing in Congress, but most bills sponsored by legislators never become law. Go to Source
U.S. Senator Cynthia Lummis joined Chamber of Digital Commerce CEO Perianne Boring on stage at Bitcoin Miami 2023 for a lengthy discussion on regulation. Go to Source Powered by WPeMatico
Senator Lummis noted that Signature Bank’s Scott Shay mentioned digital assets 10 times in his testimony about the bank’s collapse. Go to Source Powered by WPeMatico
Louisiana Republican senator John Kennedy recently stated in an interview published on Wednesday that the U.S. Federal Reserve may need to increase the federal funds rate to 8-10% to address the country’s inflationary pressures. Kennedy’s remarks come after he criticized the Biden administration in mid-March for bailing out Silicon Valley Bank and Signature Bank, emphasizing … Read more
Elizabeth Warren, the Democratic senator from Massachusetts, has recently launched a political campaign against cryptocurrencies as she seeks a third term in office in 2024. In a recent interview on “Meet the Press Reports” with NBC’s Chuck Todd, Warren likened buying bitcoin to “buying air.” Despite her stated distrust of banks, Warren told the show … Read more
Senator Andrew Bragg has introduced a bill proposing regulatory standards for the cryptocurrency industry in Australia. Go to Source Powered by WPeMatico
