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Tag: #congress · 4 posts
Posted Apr 12
🚀 Treasury Secretary Advocates for Clarity Act Amid Rising Stablecoin Transactions Treasury Secretary Scott Bessent has called on Congress to approve the Clarity Act, highlighting the growing significance of stablecoin transactions. According to NS3.AI, a report by Chainalysis projects that stablecoin transaction volume could escalate to $1.5 quadrillion by 2035, up from $28 trillion last year. The likelihood of the bill passing this year has increased, with Polymarket odds rising to nearly 70% from 50% earlier this week. Senate Banking Committee members are reportedly preparing to hold a hearing to vote on the bill before the month's end. #TreasurySecretary#ClarityAct#Stablecoin#StablecoinTransactions#ScottBessent#Congress#Chainalysis#Polymarket#SenateBankingCommittee#Blockchain#Cryptocurrency
Posted Apr 10
🚀 Senator Lummis Urges Congress to Pass CLARITY Crypto Bill Before 2030 Senator Cynthia Lummis has called on Congress to expedite the passage of the CLARITY crypto market structure bill, emphasizing its importance as a critical legislative opportunity before 2030. According to NS3.AI, Lummis highlighted the urgency of the situation, framing the bill as a narrowing legislative window rather than a finalized policy measure. Her statement underscores the need for timely action to establish a clear regulatory framework for the cryptocurrency market. #SenatorLummis#CLARITYBill#CryptoRegulation#Cryptocurrency#Congress#Legislation#Blockchain#CryptoPolicy#RegulatoryFramework#CryptoNews
Posted Apr 9
🚀 David Sacks Calls for Congressional Action on CLARITY Act David Sacks has called on Congress to pass the CLARITY Act, emphasizing that it would establish clear regulations for all crypto assets. According to NS3.AI, Sacks highlighted that last year's stablecoin regulation bill positioned the U.S. as a leader in the stablecoin industry. He also predicted that U.S. President Donald Trump will sign the bill into law. #DavidSacks#CLARITYAct#Congress#CryptoRegulation#Stablecoins#USPolitics#Cryptocurrency
Posted Apr 9
🚀 Ethereum Developer Joe Sharich Announces Congressional Run in Virginia Ethereum developer Joe Sharich has declared his candidacy for the U.S. House of Representatives as a Democrat in a suburban Virginia district. According to NS3.AI, Sharich is notable for being the first cryptocurrency developer to seek a congressional seat. His campaign is expected to focus on leveraging his expertise in blockchain technology to address various legislative challenges. #Ethereum#Blockchain#Cryptocurrency#JoeSharich#Congress#Virginia#Politics#Democrat#TechInnovation#ETH