Scott, Hill Emphasize the Importance of Keeping America the Crypto Capitol at DC Blockchain Summit
Washington, D.C. – Today, Senate Banking Committee Chairman Tim Scott (R-S.C.) and House Financial Services Committee Chairman French Hill (R-Ark.) participated in a fireside chat at the DC Blockchain Summit 2025. The Chairmen discussed their shared goal of providing regulatory clarity for the digital assets industry and ensuring innovation stays in the United States.
Chairman Scott also discussed the GENIUS Act, which advanced out of the Senate Banking Committee with broad bipartisan support, and the potential for digital assets to democratize finance and increase access to financial services.
Click here or on the image above to watch the full panel.
“I am bullish that we are able to regain the high ground of digital supremacy. If you think about why the industry left our shores, so to speak, it’s because we made it impossible to do business here. The good news is that we’re making it easy to do business here and I believe that allows the onshoring to happen. We’re already seeing that, hearing that, and feeling it and more to come. I think what we have to do is make sure that we continue to be that city on a hill…in our approach. By doing that, we attract more folks here with the simple concept of innovation before regulation,” Chairman Scott said on the panel.
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