Bitcoin Foundation to Senator: US Shouldn't Turn Away from Innovation
The outcry over US Senator Joe Manchin's 26th February letter calling for an outright federal ban on bitcoin came vicious and swift, with the bitcoin community taking to message boards and blogs en masse to deride the West Virginia democrat as out of touch and biased in his motives. On 27th February, they got some additional support. The Bitcoin Foundation has formally issued a response to Manchin's letter that aims to inform him of the benefits digital currency could provide to the financial system and to consumers around the world, provided the technology is allowed to grow and develop.....
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U.S. Senator Mike Lee has raised concerns that adopting the crypto tax provision in the $1.2 trillion infrastructure bill will stifle innovation and make Americans poorer. He explained that cryptocurrencies are not like securities and cannot be regulated with the same policies, noting that to do so would drive innovation offshore. Senator Mike Lee Warns Passing Unproven Legislation Will Stifle Innovation While outlining concerns he has about numerous provisions in the $1.2 trillion infrastructure bill during the Senate session Saturday, U.S. Senator Mike Lee from Utah drew attention to the....
U.S. Senator Ted Cruz has introduced a bill to repeal the $1 trillion infrastructure package’s crypto provision, which he said is a “devastating attack” on the crypto industry. “I urge my colleagues in the Senate to repeal this harmful language that will create regulatory uncertainty and in turn an unnecessary barrier to innovation,” he said.
Senator Cruz Pushes for Infrastructure Bill’s Crypto Provision to Be Repealed
U.S. Senator Ted Cruz said Tuesday that he has introduced “legislation to repeal infrastructure bill’s....
Senator Cynthia Lummis was on Bitcoin Magazine to talk about the digital asset in the United States. A panel named Bringing Bitcoin Innovation Home to America hosted the senator. The panel had both Senator Lummis and Rep. Warren Davidson who works closely with Lummis. Allan Stevo served as the moderator for the panel. Related Reading […]
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....
Sheila Warren said the addition of Cory Gardner was based on his experience "to build a stronger economy and support innovation" as well as his commitment to Web3 and crypto. Cory Gardner, who served as a United States senator for Colorado from 2015 to 2021, has joined the Crypto Council for Innovation, a crypto advocacy group aimed at establishing dialogues with governments and regulatory agencies on the benefits of digital assets.In a Thursday announcement, the Crypto Council for Innovation, or CCI, said Gardner was one of three new members to join the group’s leadership team. Under CEO....