Tag: Tim Scott

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US Senator Hails Bitcoin’s Potential to Democratize Finance and Improve Financial Inclusion

July 28, 2024

Senator Tim Scott highlighted bitcoin’s potential to democratize finance and improve financial inclusion at the Bitcoin 2024 Conference. He criticized the Biden administration’s approach to digital assets and endorsed efforts to overturn restrictive SEC guidelines. Scott advocated for balanced regulation that encourages innovation without stifling growth or pushing it overseas. Senator Tim Scott Advocates for…
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“Bitcoin Mayor” Francis Suarez of Miami Throws in His Republican Bid for Presidency

June 15, 2023

The pro-bitcoin mayor of Miami Francis Suarez is running for US president. Suarez announced his run on Thursday morning on Twitter. “My Dad taught me that you get to choose your battles, and I am choosing the biggest one of my life. I’m running for President,” he tweeted.  Suarez joins other Republicans in an increasingly…
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Republican Tim Scott Announces His Run for President — How Could That Affect Crypto?

May 23, 2023

Republican Sen. Tim Scott, who could be an influential player in the cryptocurrency industry, announced his run for US president on Monday. The South Carolina lawmaker formally announced his run on Twitter as a crowd gathered in Charleston, South Carolina.  Scott joins other candidates, including former President Donald Trump…. Read More: Republican Tim Scott Announces…
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Senate Banking Committee Holds Hearing on Recent Bank Collapses, Calls for Tougher Regulations

March 30, 2023

On Tuesday, the U.S. Senate Committee on Banking, Housing, and Urban Affairs, also known as the Senate Banking Committee, held a hearing to discuss the recent bank collapses in the United States and the regulatory response. Throughout the testimonies, digital assets and crypto businesses were mentioned. Senate Banking Committee chairman Sherrod Brown claimed on Tuesday…
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