At Bitcoin 2024 Conference, Calls Grow to End Biden’s ‘War on Bitcoin
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![US Senators Lummis, Tim Scott Say Time to End Biden Administration’s War on Bitcoin](https://coinedition.com/wp-content/uploads/2024/07/photo_2024-07-27_18-02-14.jpg)
- Senator Cynthia Lummis calls for an end to the Biden administration’s restrictive policies on Bitcoin.
- Senator Tim Scott supports Lummis, highlighting Bitcoin’s potential to empower marginalized communities.
- Both senators want BTC mining and its ecosystem centered in the U.S.
U.S. Senator Cynthia Lummis emphasized the need to end the Joe Biden administration’s opposition to Bitcoin to foster financial innovation rather than hinder it. She shared these views at the ongoing Bitcoin 2024 Conference during a session with U.S. Senator Tim Scott.
“It’s time to stop the Biden admin’s war on bitcoin. Let’s pave the way for financial innovation, not stifle it,” she said.
https://x.com/senlummis/status/1816999169174741028
During her session, Lummis recounted her journey into the world of Bitcoin, describing how she initially learned about the cryptocurrency from her daughter and son-in-law. Her participation in the Satoshi Roundtable in 2017 deepened her understanding, and she returned to the Senate with unique insights into a subject that few of her colleagues understood.
Senator Scott echoed Lummis’s sentiments, emphasizing Bitcoin…
The post At Bitcoin 2024 Conference, Calls Grow to End Biden’s ‘War on Bitcoin appeared first on Coin Edition.
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