🇺🇸 @CodyCarboneDC CEO of @DigitalChamber: "It is time that the U.S. is the crypto leader of the entire world, and this report puts us on track to do just that."
If Congress wants to ban a CBDC and compete with state-controlled digital currencies abroad, the only path is to pass the GENIUS Act and let private stablecoins thrive in the U.S.
Pass the GENIUS Act.
Thrilled to work more closely with @IOHK_Charles and welcome him to our esteemed Advisory Board.
You can never surround yourself with enough smart people and few have shaped the blockchain industry like Charles. His insight will strengthen our policy leadership. Welcome!
We're proud to welcome @IOHK_Charles, CEO of @inputoutputHK, to The Digital Chamber's advisory board. His blockchain innovation and leadership will advance our mission of shaping digital asset policy and fostering industry growth.
Six!! Democrats on the House Financial Services Cmtee joined all Republicans in passing the FIT For the 21st Century Act (market structure) bill out of committee.
By a vote of 35-15 the bill will now go to the House floor. A massive day for #digitalasset regulatory clarity!!!
I wrote a letter to the 18 supporters of @SenWarren Digital Asset Anti Money Laundering Act, urging them to reconsider their support for this bill.
The gist? This bill will hurt their constituents, kill U.S. jobs, and imperil the U.S. in the technological space race.
Please
🚨 Incredible. Senator Marshall has officially withdrawn support of the Warren/Marshall bill (DAAMLA)
This is a bill we have been opposing for several years. It’s a backdoor ban on blockchain technology by creating impossible compliance requirements for miners, validators, etc.
I just voted NO on the Rule for the GENIUS Act because it does not include a ban on Central Bank Digital Currency and because Speaker Johnson did not allow us to submit amendments to the GENIUS Act.
Americans do not want a government-controlled Central Bank Digital Currency.
The Clarity for Payments Stablecoin bill passes the @FinancialCmte 34-19. Congrats @PatrickMcHenry !
The bill received support from 5 Democrats: Rep. Himes, Rep. Gottheimer, Rep. Meeks (D-NY), Rep. Torres, Rep. Nickel
Meeks is new from yesterday.
Yesterday, I led my colleagues @MikeCrapo, @SenThomTillis, & @SteveDaines in sending a letter to Fed Chair Powell, Chairman Gruenberg, & Acting Comptroller of the Currency Hsu for their behavior that seems disturbingly reminiscent of Operation Choke Point during the Obama Admin.