Two congressional Republicans are calling for a briefing from the US Treasury Department about the recent cyber breach by an alleged China backed hacker.
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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 […]
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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.”
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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 […]
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The soon-to-retire senator introduced the new stablecoin bill only a few weeks before the end of the 117th US congressional session.
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