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Republican Senators and Industry Leaders Advocate for Crypto ...
2024-07-26 23:55:08
Politics
Regulation
USA

Republican Senators and Industry Leaders Advocate for Crypto Freedom at Bitcoin 2024

At Bitcoin 2024, Republican Senators Lummis and Scott emphasized the importance of minimal crypto regulation to uphold individual financial freedom. Sen. Tim Scott made a noteworthy crypto-friendly debut, criticizing SEC Chair Gensler and supporting a bill for the U.S. to hold bitcoin as a strategic reserve.

Business figures like MicroStrategy's Saylor and ARK Invest's Cathie Wood endorsed the idea, while independent candidate Robert F. Kennedy pledged to make bitcoin a strategic reserve asset if elected, showcasing growing bipartisan and industry support for cryptocurrency.

Related news on that topic:

U.S. Senate Republicans Embrace Crypto at Bitcoin 2024

As the current SEC Chair's controversial term nears its end, Gemini co-founders demand clarity on the next appointment before the U.S. election. At Bitcoin 2024, U.S. Senator Tim Scott impressed with crypto-friendly views and potential chairmanship aspirations, aligning with Senator Lummis' pro-bitcoin stance. Visionaries like MicroStrategy's Saylor and ARK Invest's Cathie Wood advocate for the U.S. to hold Bitcoin reserves. Meanwhile, independent presidential candidate Robert F. Kennedy pledges to elevate Bitcoin's status if elected, while the Winklevoss brothers face backlash for supporting Trump at a White House event.

Republican Senators Advocate Light-Touch Crypto Regulation at ... 2024

Republican Senators Lummis and Scott pledged minimal regulation on crypto, emphasizing individual freedom in financial decisions. Senator Tim Scott emerged as a crypto supporter at Bitcoin 2024, critiquing SEC Chair Gensler and endorsing holding Bitcoin as a strategic U.S. asset. Industry figures like MicroStrategy's Saylor and ARK Invest's Wood backed the idea. Independent candidate Robert F. Kennedy also vowed to elevate Bitcoin's status if elected.

Read 7 more recent news on this topic

The press radar on this topic:

CoinDesk
26. Juli 2024 um 21:59

Key U.S. Senate Republican Tim Scott Makes Crypto-Fan Debut

Politics
Technology
Finance
U.S. Sen. Tim Scott, top Republican on Senate Banking Committee, made crypto-friendly debut at Bitcoin 2024, criticizing SEC Chair Gensler. Scott may become next committee chairman, vowing to support Sen. Lummis' bill for U.S. to hold bitcoin as strategic reserve. MicroStrategy's Saylor advocated U.S. should acquire 4 million BTC. ARK Invest's Cathie Wood praised idea of U.S. bitcoin reserve. Independent presidential candidate Robert F. Kennedy promised to make bitcoin a strategic reserve asset..
Cointelegraph.com News
26. Juli 2024 um 22:09

‘We have to get rid of the folks who are in the way’ — Senators speak at Bitcoin 2024

Politics
Cryptocurrencies & blockchain
Finance
Republican Senators Lummis and Scott vowed to provide a 'light touch' crypto regulation if they gain Senate control, arguing individuals should be free to make their own financial decisions about investing in crypto, which they see as essential to 'liberty and freedom'.
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