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Tyler Winklevoss said the discussion is a "must-watch" and highlights "just how terrible the Biden-Harris Administration has been to the crypto industry."
The bill, which was first introduced a few years ago, is expected to take effect on Sept. 1, pending final approval from the federation.
Lummis urged policymakers, industry stakeholders, and the public to engage in a constructive dialogue about the future of Bitcoin mining.
The bill proposes an expert task force that would be composed of key federal agencies and private sector stakeholders.
The organization urged Harris to amend the growing public perception that the Democrat Party is anti-crypto.
The firm believes Trump's rumored endorsement of Bitcoin as a strategic reserve asset could ignite a "parabolic" surge in the flagship crypto's price.
Korshain believes Trump's support for Bitcoin will lead to a more favorable regulatory environment and boost prices.
The Committee also amended the framework to "tighten criteria" for which stablecoins can receive "preferential regulatory treatment."
OKX said it selected Malta to leverage the country's high regulatory standards.
