US Senator Hails Bitcoin’s Potential to Democratize Finance and Improve Financial Inclusion

Quick Summary:

Senator Tim Scott highlighted bitcoin’s potential to democratize finance and improve financial inclusion at the Bitcoin 2024 Conference.

He criticized the Biden administration’s approach to digital assets and endorsed efforts to overturn restrictive SEC guidelines.

Scott advocated for balanced regulation that encourages innovation without stifling growth or pushing it overseas.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Kevin Helms

Category: Crypto

Markets: Japan

Topics: SEC guidelines Tim Scott Digital Assets SAB 121 Financial inclusion Cynthia lummis Featured Bitcoin BTC Regulatory environment Cryptocurrency Crypto

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-27 @ 23:45:01 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: news.bitcoin.com

Language: English

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoin News

News ID: 21798250

View Article Analysis

About Bitcoin News

Main Topics: Crypto

Official Website: news.bitcoin.com

Update Frequency: 16 posts per day

Year Established: 2008

Headquarters: Japan

News Last Updated: 11 hours ago

Coverage Areas: Japan

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #62

Publisher Details

Frequently Asked Questions