Senator Warren Warns Crypto Could Destroy US Economy

2025-7-17 10:27

Crypto could be used to blow up entire US economy, Senator Elizabeth Warren suggests origin »

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JD Vance Holds $100k-$250k Worth of BTC as Bitcoin Prime to Hit $1M: How 99Bitcoins Could Make You A Millionaire if BTC Prediction is Correct

Major Bitcoin holders, often called ‘whales,’ are making significant moves that could signal a shift in strategies. Ohio Senator JD Vance, recently nominated as Donald Trump’s vice-presidential running mate, has disclosed substantial Bitcoin holdings, revealing an acquisition between $100,001 and $250,000.

2024-7-23 16:14


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Congress’s Failure to Pass Regulation Caused FTX’s Debacle, Asserts Crypto-Friendly Senator

US Senator Pat Toomey has blamed FTX’s collapse on the lack of clear regulations. Speaking during the Financial Regulators Hearing on November 15, the legislator took aim at the US Congress, suggesting that if the house had passed regulations on custody for the industry earlier, the FTX implosion could have been avoided. “It certainly appears […]

2022-11-18 23:56


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Non-Crypto-Versed Senators Could Delay The US Crypto Bill To 2023, Asserts Senator Lummis

The Responsible Financial Innovation Act (RFIA), a bipartisan bill introduced in June by US Senators Cynthia Lummis and Kirsten Gillibrand, may not be passed until next year. Speaking during Bloomberg’s Crypto summit on Tuesday, the two senators noted that there was still a lot of work to be done on the said bill. The biggest […]

2022-7-20 15:55


Crypto Can Eventually Replace the Dollar As “The Reserve Currency of the World,” says US Senator Rand Paul

Senator Rand Paul (R-Ky. ) sees cryptocurrency replacing the US dollar one day because more and more people are losing confidence in governments. “I've started to question now whether or not cryptocurrency could actually become the reserve currency of the world as more and more people lose confidence in government.

2021-10-26 21:03


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Paraguayan Lawmaker to Introduce Bitcoin Legislation Bill Next Week

After El Salvador, Paraguay could be the next nation to adopt the bitcoin standard. Bitcoin Regulation Legislation to Be Introduced In a tweet shared today, Paraguayan lawmaker Carlitos Rejala said he was working with Senator Fernando Silva Facetti to introduce legislation focused on bitcoin (BTC) regulation in the country. I am here to unite ParaguayRead More

2021-7-10 14:00


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Colorado senator wants to study blockchain for water rights management

A senator in Colorado wants the state to study the potential use of blockchain technology in water rights management. A bill submitted by Republican senator Jack Tate, alongside representatives Jeni James Arndt, and Marc Catlin, outlines the reasons why the Colorado Water Institute should be authorized to explore how the technology could help maximize operational efficiency, CoinDesk reports.

2019-3-7 13:41


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Utah Lawmakers Sponsor Bill to Exclude Cryptocurrency Transactions from Money Transmission Laws

A Utah state senator has introduced a bill that could exempt cryptocurrency and blockchain technology-focused businesses from the state’s money transmission laws. If passed, Utah would become the next after Pennsylvania and New Hampshire to classify virtual currency businesses outside the ambit of money transmission regulations.

2019-3-5 18:00


Bernie Sanders and His $15 Wage Plan Won’t Help the Poor. Just Ask South Korea.

U. S. Senator Bernie Sanders is running for president in 2020, and as expected, he is focusing his campaign on his signature $15 minimum wage initiative. However, contrary to what Bernie Bros think, a forced increase in basic wage could lead to a drastic decline in jobs growth, cripple small businesses, and trigger an overall slowdown in the economy.

2019-3-2 18:58


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Marshalls President to Face No-Confidence Motion for Creating a Sovereign Crypto Currency Criticized by the IMF and the U.S Government

Marshall Islands President Hilda Heine’s plans to create a cryptocurrency that would function as a legal tender could be frustrated by the efforts of eight senators from the country who joined together to present a no-confidence motion after the IMF, and the United States expressed their disagreement.

2018-11-8 18:10