SenLummis
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Our edge in digital finance is at risk if U.S. companies are taxed more than foreign competitors. @berniemoreno & I urged the @USTreasury to lift an unintended tax burden on U.S. digital asset companies. To lead the world in digital assets, we need a level playing field.⬇️
Digital assets ARE the future. We either embrace them, or we lose. There is not an in between.
The GENIUS Act protects consumers by:
✅ Requiring all stablecoins to be backed 1-to-1
✅ Giving consumers strong rights in bankruptcy
✅ Establishing strict marketing standards
✅ Requiring all stablecoins to be backed 1-to-1
✅ Giving consumers strong rights in bankruptcy
✅ Establishing strict marketing standards
.@SenatorHagerty's GENIUS Act gets us one step closer to maintaining American leadership in digital assets.
@SenatorHagerty's GENIUS Act gets us one step closer to maintaining American leadership in digital assets.
The BITCOIN Act is the only solution to our nation’s $36T debt. I’m grateful for a forward-thinking president who not only recognizes this, but acts on it.
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