7 stories tagged #Tim Scott

  1. Congress Bans Federal Reserve CBDC Issuance Until 2030 in Housing Bill
    crypto

    Congress Bans Federal Reserve CBDC Issuance Until 2030 in Housing Bill

    Bipartisan legislation prohibits the Federal Reserve from issuing a central bank digital currency until 2030, securing private stablecoin market share and addressing surveillance concerns.

    6d ago 1 min read
  2. Sen. Tim Scott Forecasts $30T Crypto Market Amid CLARITY Act Progress
    crypto

    Sen. Tim Scott Forecasts $30T Crypto Market Amid CLARITY Act Progress

    Senate Banking Chair Tim Scott projects a $30 trillion crypto market cap if the CLARITY Act passes, signaling major institutional adoption potential.

    last wk. 1 min read
  3. Senate Banking Panel Releases CLARITY Act Draft Ahead of Key Vote
    crypto

    Senate Banking Panel Releases CLARITY Act Draft Ahead of Key Vote

    Draft bill could exempt Bitcoin and Ethereum from SEC oversight, with a vote scheduled Thursday in the Senate Banking Committee.

    last mo. 1 min read
  4. Senator Tim Scott Reports Breakthrough on Stablecoin Yield Regulatory Dispute
    crypto

    Senator Tim Scott Reports Breakthrough on Stablecoin Yield Regulatory Dispute

    Senator Tim Scott signals progress on the Digital Asset Market Clarity Act. Banks and crypto firms negotiate stablecoin yield rules amidst SEC and CFTC oversight.

    3mo ago 1 min read
  5. Senator Tim Scott Expects Stablecoin Yield Compromise This Week
    crypto

    Senator Tim Scott Expects Stablecoin Yield Compromise This Week

    Senate Banking Chair Tim Scott anticipates a bipartisan stablecoin yield compromise by week's end-potentially breaking the deadlock on the GENIUS Act and reshaping $230B stablecoin market dynamics.

    3mo ago 1 min read
  6. Tim Scott Signals Stablecoin Yield Compromise Imminent for Crypto Market Structure Bill
    crypto

    Tim Scott Signals Stablecoin Yield Compromise Imminent for Crypto Market Structure Bill

    Senator Tim Scott says a deal on stablecoin yield-key to unlocking the stalled crypto market structure bill-is expected by week's end. Banking and crypto interests remain at odds ahead of the 2026 midterms.

    3mo ago 1 min read
  7. US Senate Bill Proposes CBDC Ban Until 2031, Focuses on Housing Affordability
    finance

    US Senate Bill Proposes CBDC Ban Until 2031, Focuses on Housing Affordability

    A bipartisan US Senate bill aims to boost housing by easing regulations. A key provision temporarily bans the Federal Reserve from issuing a central bank digital currency until 2031, citing privacy concerns.

    4mo ago 1 min read