Crypto Entrepreneurs Are Fleeing America, But We Can Bring Them Back
Opinion by: Senator Tim Scott and Senator Cynthia Lummis
The US Congress recently took a major step toward reclaiming the United States’ leadership in financial innovation. The bipartisan GENIUS Act passed — a landmark bill that establishes the first-ever federal framework for payment stablecoins.
It’s a milestone for consumer protection, national security and American competitiveness — and proof that principled leadership can still deliver real results.
America has always led the world in finance because it has embraced innovation, rewarded prudent risk-takers and built the most dynamic capital markets in the world. In recent years, that leadership — particularly when it comes to digital assets — has been undermined, not by…
