Pro-Crypto Champion: US Lawmaker Backs Trump’s Stance On Digital Currency Exp...
In striking agreement with the changing opinions of former President Donald Trump toward cryptocurrencies, Congressman and Arkansas Digital Asset Subcommittee chairman French Hill of the United States has firmly supported the FIT21 bill as the kind of regulatory framework that Trump would likely endorse if reelected. French Hill Doubles Down On Trump’s Crypto Approach In […]
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In a surprising turn, former President Donald Trump has positioned himself as a strong advocate for cryptocurrencies, pledging to champion financial innovation and deregulation in the industry. As the 2024 election approaches, Trump’s pro-crypto stance has gained significant attention, reflected in the betting odds on prediction markets like Polymarket, where he is currently favored to […]
A U.S. lawmaker has introduced a bill in Congress to prohibit the Federal Reserve from issuing a central bank digital currency (CBDC) directly to individuals. “It is important to note that the Fed does not, and should not, have the authority to offer retail bank accounts,” he stressed.
Bill Introduced to Prohibit the Fed From Issuing CBDC Directly to Consumers
U.S. Congressman Tom Emmer (MN-06) announced Wednesday that he has “introduced a bill prohibiting the Federal Reserve from issuing a central bank digital currency (CBDC) directly to....
The lone star state of Texas has always been well-known for its stance on constitutional rights. On March 2, State Representative Matt Schaefer submitted a proposal to revise the state’s constitution to say that virtual currencies like bitcoin are mediums of exchange that “no government shall prohibit”. Texas Lawmaker Says ‘No Government Shall Encumber....
Bitcoin could soon come to the rescue of millions of Mexicans if the Trump administration’s proposed crackdown on remittances becomes law. Digital currency exchanges in Mexico are thriving and ever-increasing trade is being witnessed. As early as May, the President-Elect’s campaign signaled its intention to stop more than six mln undocumented Mexicans in the U.S. from sending money home. Informal economy for remittances. The remittance funds kept in the U.S., as Bloomberg points out, would be tantamount to making Mexico pay for Trump’s long-touted border wall. “I would risk stuffing money....
U.S. Senator Pat Toomey says that crypto assets are here to stay and “a thoroughly diversified portfolio should have some.” The lawmaker added that he has a “very simple” investing strategy — diversify. US Lawmaker Says Crypto Is Here to Stay U.S. Senator Pat Toomey talked about cryptocurrency on CNBC Wednesday. The....