Pleased With SEC Chair Atkins: Sen. Lummis

Congress voted this year to pass the GENIUS Act, which paved the way for stablecoins, a favorite tool of the crypto industry, to be used more widely in the financial...

By Bloomberg Markets · Bloomberg Markets

Congress voted this year to pass the GENIUS Act, which paved the way for stablecoins, a favorite tool of the crypto industry, to be used more widely in the financial system. The immediate focus is now a crypto market-structure bill that would make sweeping changes to oversight of digital assets. Cynthia Lummis, Republican Senator from Wyoming speaks on "Bloomberg Crypto" (Source: Bloomberg)