US Senator Booker: Cryptocurrency Can Bring Growth to American Economy if Pro...
U.S. Senator Cory Booker sees cryptocurrency as “an exciting innovation with the potential to bring growth to the American economy if properly nurtured and regulated.” The senator from New Jersey is encouraged by President Joe Biden’s executive order on crypto regulation. US Senator Sees Crypto Benefiting American Economy U.S. Senator Cory Booker talked about the potential benefits of cryptocurrency to the American economy Thursday. His comments followed President Joe Biden’s executive order on crypto regulation. Booker became the....
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Bitcoin has its back covered by this American senator who believes in the potential of the crypto to bring good things to the U.S. financial sector and economy in general. Senator Cynthia Lummis may be the most prominent champion for the crypto sector in Congress. Her strong support for the cryptocurrency industry distinguishes her from […]
In an interview with Forbes, Texas Senator Ted Cruz voiced support for Bitcoin mining and affirmed that mining operations benefit the Texas economy and grid. Cruz admired the decentralized nature of cryptocurrency technology and talked about the financial freedom achieved through the uncontrollable nature of Bitcoin. The senator highlighted the distinctive quality of Texas during […]
A Minnesota senator is leading the latest effort to bring bitcoin and its benefits to the global public through a new bitcoin-focused non-profit called yesbitcoin. Described as a consumer-facing organization with worldwide ambitions, yesbitcoin has announced a strategic communications effort aimed at advancing bitcoin through advertising and merchant-adoption efforts. Republican Senator Branden Petersen, the Executive Director and founder of yesbitcoin, spoke to CoinDesk about how his organisation aims to achieve this goal. In the interview, Petersen compared the program to American....
U.S. Senator Ted Cruz has introduced a resolution that would position Congress to lead in the area of cryptocurrency by having congressional cafeterias, vending machines, and gift shops accept crypto payments. “Congress is typically slow to adopt new technology,” he said.
Senator Pushes for Crypto Adoption in Congress
U.S. Senator Ted Cruz has introduced a resolution titled “Adopting Cryptocurrency in Congress as an Exchange of Payment for Transactions Resolution,” also referred to as “ACCEPT Resolution,” in the Senate Monday.
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A Uruguayan Senator has introduced a bill seeking to “establish a legitimate, legal and safe use in businesses related to the production and commercialization of virtual currencies.” Uruguayan Senator Juan Satori has introduced a draft bill to regulate cryptocurrency and enable businesses to accept crypto payments. Satori joins a growing list of politicians from South American and Spanish-speaking countries that are seeking to bring crypto adoption into the mainstream. The Senator is not proposing the use of crypto as legal tender as in El Salvador, however. The crypto-friendly Senator....