Senator Lummis says ‘Bitcoin in reserve’ can help dollar ‘remain strong’
She also advocated for clear protections for self-custody Bitcoin wallets and expressed satisfaction with the Fed's decision to not pursue a CBDC.
SAB 121 has faced increased significnat push back from several traditional financial institutions.
The company seeks to obtain Gensler's communications for its fair notice defense.
The resolution calls on the US government to take immediate action to secure Gambaryan's release.
"Yes" votes were below the two-thirds threshold needed to counter the veto.
Coinbase said crypto is a bipartisan issue for voters and will significantly impact the upcoming Presidential elections in November.
Paxos predicts that the end of the SEC's investigations will "unlock a new wave of stablecoin adoption."