US Republican lawmakers call on Treasury to explain recent cyber breach
Two congressional Republicans are calling for a briefing from the US Treasury Department about the recent cyber breach by an alleged China backed hacker. Go to Source
Tim Scott
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US Senator Hails Bitcoin’s Potential to Democratize Finance and Improve Financial Inclusion
Senator Tim Scott highlighted bitcoin’s potential to democratize finance and improve financial inclusion at the Bitcoin 2024 Conference. He criticized the Biden administration’s approach to digital assets and endorsed efforts to overturn restrictive SEC guidelines. Scott advocated for balanced regulation that encourages innovation without stifling growth or pushing it overseas. Senator Tim Scott Advocates for … Read more
‘We have to get rid of the folks who are in the way,’ Senators speak at Bitcoin 2024
The two Republican Senators claimed that if their party wins control of the Senate, they will stop the S.E.C.’s alleged “regulation by enforcement.” Go to Source
Senate Banking Committee Holds Hearing on Recent Bank Collapses, Calls for Tougher Regulations
On Tuesday, the U.S. Senate Committee on Banking, Housing, and Urban Affairs, also known as the Senate Banking Committee, held a hearing to discuss the recent bank collapses in the United States and the regulatory response. Throughout the testimonies, digital assets and crypto businesses were mentioned. Senate Banking Committee chairman Sherrod Brown claimed on Tuesday … Read more
US senator Toomey introduces stablecoin bill as congressional session wraps up
The soon-to-retire senator introduced the new stablecoin bill only a few weeks before the end of the 117th US congressional session. Go to Source Powered by WPeMatico
