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@ tzongocu
2025-05-09 07:31:47
📰 News Alert...
🔖 Title: Scott Bessent Criticizes Senate for Halting the GENIUS Act
🗓️ Published: 2025-05-09T10:31:44+03:00
📄 Summary: Prominent financial figure Scott Bessent has expressed strong disapproval of the Senate's decision to block the GENIUS Act, asserting that this move undermines U.S. leadership in the cryptocurrency sector. With the 2026 midterm elections approaching, Bessent warns that failing to advance legislation supportive of cryptocurrency innovation could hinder the nation's competitive edge in this rapidly evolving industry.
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https://decrypt.co/318730/treasury-secretary-bessent-blasts-senate-failing-stablecoin-bill
🗞️ Source: Vismaya V
💓 #CryptoLeadership #GENIUSAct #FinancialInnovation