‘We are well on our way’ – DL News

  • Two major crypto bills have cleared the committee in Scott’s first months.
  • The GENIUS Act sets federal rules for stablecoins and won bipartisan support.
  • The FIRM Act targets banking discrimination against crypto businesses.

South Carolina Senator Tim Scott says Republicans are delivering on their crypto promises, pointing to two key digital asset bills that have advanced during his first 100 days as chair of the Senate Banking Committee.

In an interview with Fox News Digital, Scott said he made it a priority to push forward crypto-related legislation early in the new Congress.

“I wanted within the first hundred days to have some crypto or digital asset legislation marked up and run through our committee,” he said. “Good news is the…

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