Republican Senators Advocate Light-Touch Crypto Regulation at Bitcoin 2024
Republican Senators Lummis and Scott pledged minimal regulation on crypto, emphasizing individual freedom in financial decisions. Senator Tim Scott emerged as a crypto supporter at Bitcoin 2024, critiquing SEC Chair Gensler and endorsing holding Bitcoin as a strategic U.S. asset.
Industry figures like MicroStrategy's Saylor and ARK Invest's Wood backed the idea. Independent candidate Robert F. Kennedy also vowed to elevate Bitcoin's status if elected.
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