U.S. Senator Bill Hagerty to introduce stablecoin bill

Senator Bill Hagerty is set to introduce a new stablecoin bill as the largely crypto-friendly Republican Party seeks further regulatory clarity for the industry. The bill dubbed “Guiding and Establishing National Innovation for US Stablecoins” or GENIUS Act, outlines a regulatory environment for the quickly expanding stablecoin market in the United States. Tether’s (USDT) and Circle’s […]

Republican Senator proposed to buy more Bitcoin by selling The Fed’s gold

U.S. Senator Cynthia Lummis proposed a Bitcoin national strategic reserve by selling some of The Federal Reserve’s gold, rather than buying from government budget. Cynthia Lummis, a Republican Senator, plans to push President-elect Donald Trump’s masterplan for Bitcoin into reality. Lummis has mentioned, in an interview with Bloomberg, that some of The Federal Reserve’s gold […]