Hill and Senator Cynthia Lummis agree the earlier stablecoin effort should be edited by the pending market structure bill.
The Securities and Exchange Commission blocked staking when crypto exchange-traded funds were granted, but the lawmakers suggest the SEC may have been off-base.
Senator Cynthia Lummis, set to lead the Senate Banking Committee's digital assets panel, went after the sale of U.S. bitcoin holdings and FDIC debanking.
The Wyoming senator has been a major crypto supporter since joining Congress in 2021. Now she’s the leading advocate for creating a Strategic Bitcoin Reserve.