U.S. Senator Promotes Bill to Halt Debanking After Crypto Concerns
Senator Tim Scott is advocating for legislation to prevent U.S. regulatory agencies from using 'reputational risk' as a rationale for denying banking services to clients.
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Senator Tim Scott is advocating for legislation to prevent U.S. regulatory agencies from using 'reputational risk' as a rationale for denying banking services to clients.
The U.S. Senate is preparing to vote on the possible repeal of an IRS rule considered a significant threat to decentralized finance (DeFi) projects.
The Senate is gearing up for a fresh attempt at stablecoin regulation, spearheaded by Senator Bill Hagerty and backed by crypto-friendly Republicans.
As Howard Lutnick, President Trump's nominee for Secretary of Commerce, faces the Senate, Senator Elizabeth Warren raises concerns about his connections to Tether.
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