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Senator Tim Scott is confident market structure bill passed by August


Senator Tim Scott, the chairman of the US Senate Committee on Banking, Housing, and Urban Affairs, recently said that he expects a crypto market bill to be passed into law by August 2025.The chairman also noted the Senate Banking Committee's advancement of the GENIUS Act, a comprehensive stablecoin...

Senator Tim Scott is confident market structure bill passed by August


Senator Tim Scott, the chairman of the US Senate Committee on Banking, Housing, and Urban Affairs, recently said that he expects a crypto market bill to be passed into law by August 2025.The chairman also noted the Senate Banking Committee's advancement of the GENIUS Act, a comprehensive stablecoin...

US Senator Goes Full Bull on Bitcoin Mining With FLARE Act


A powerful new federal bill offers full tax expensing to crypto miners capturing flared gas, turning wasted energy into bitcoin-fueled grid dominance. FLARE Act Sets the Stage for US Energy Reform and Bitcoin Mining Expansion U.S. Senator Ted Cruz (R-TX) announced on March 31 the introduction...

Crypto miner backs US senator's efforts to incentivize using flared gas


Texas Senator Ted Cruz proposed a bill aimed at incentivizing crypto miners to use flared gas for energy generation in the state.In an April 1 notice, Cruz said he had introduced the Facilitate Lower Atmospheric Released Emissions, or FLARE, Act in the US Senate, aiming to make Texas “the...

Crypto miner backs US senator's efforts to incentivize using flared gas


Texas Senator Ted Cruz proposed a bill aimed at incentivizing crypto miners to use flared gas for energy generation in the state.In an April 1 notice, Cruz said he had introduced the Facilitate Lower Atmospheric Released Emissions, or FLARE, Act in the US Senate, aiming to make Texas “the...

‘I Am Bullish’: Senator Fuels Aggressive Push for US Digital Supremacy


“Bullish” lawmakers vow to reclaim U.S. digital supremacy, pushing legislation to reverse blockchain industry flight and anchor innovation on American soil before it’s too late. Confidence Surges in D.C. as Lawmakers Gear Up for US Blockchain Domination Senate Banking Committee Chairman Tim Scott...

Senator Kennedy Grills Paul Atkins Over Sam Bankman-Fried’s Parents


The Republican senator from Louisiana told Atkins that he would “pounce” on him “like a ninja” if Atkins didn’t investigate the disgraced FTX founder’s parents who are both Stanford law professors. Atkins Faces Tough Questions From Senator Kennedy About Bankman-Fried’s Parents Louisiana Republican...

Senator John Kennedy grills SEC nominee Paul Atkins about SBF pardon


US Senator John Kennedy grilled prospective Securities and Exchange Commission (SEC) chairman Paul Atkins about a potential pardon for Sam “SBF” Bankman-Fried during the Senate Banking Committee’s March 27 nomination hearing.The Louisiana Republican directed a series of questions...

Prospective SEC chair pressed on sale of FTX-tied firm


Lawmakers in the US Senate Banking Committee questioned prospective Securities and Exchange Commission (SEC) member Paul Atkins on his ties to the crypto industry and how he might regulate digital assets if confirmed.Questioning Atkins at his nomination hearing on March 27, Massachusetts Senator...

Yield-bearing stablecoins could kill banking — US Senator Gillibrand


Stablecoin issuers should be restricted from providing yield-bearing opportunities to protect the legacy banking system, which issues home mortgages and small business loans, US Senator Kirsten Gillibrand said at a summit in Washington, DC.Speaking at the 2025 DC Blockchain Summit on March 26,...

Minnesota senator proposes Bitcoin Act after going from skeptic to believer


Minnesota state Senator Jeremy Miller has introduced the Minnesota Bitcoin Act, which he drafted after completely changing his stance on Bitcoin.“As I do more research on cryptocurrency and hear from more and more constituents, I’ve gone from being highly skeptical to learning more...

Minnesota senator proposes Bitcoin Act after going from skeptic to believer


Minnesota state Senator Jeremy Miller has introduced the Minnesota Bitcoin Act, which he drafted after completely changing his stance on Bitcoin.“As I do more research on cryptocurrency and hear from more and more constituents, I’ve gone from being highly skeptical to learning more...

Senator Lummis’ new BITCOIN Act allows US reserve to exceed 1M Bitcoin


US Senator Cynthia Lummis’ newly reintroduced BITCOIN Act will allow the government to potentially hold more than 1 million Bitcoin as part of its newly established reserve.The bill, first introduced in July, directs the US government to buy 200,000 Bitcoin (BTC) a year over five years for...

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