Buffett's junior apprenticeThis matter has been dragging on for too long.
Two things happened today.
1. Besant published an article in the WSJ calling for the swift passage of a clear bill. The core argument is that if legislation is not enacted now, crypto investment will continue to flow to Singapore and Dubai, and the consequences of a regulatory vacuum are already apparent.
2. The White House Council of Economic Advisors released a report stating that banning interest-bearing stablecoins would have a negligible impact on banks.
The White House sent these signals on the same day. The Senate will end its Easter recess on April 13th, and markup by the Banking Committee is expected in the second half of the month. I believe there will be substantial progress in the bill's review in April.
$BitMine Immersion Tech(BMNR.US)
$Coinbase(COIN.US)$Circle(CRCL.US)
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