

Cryptocurrency-friendly Senator-elect Bernie Moreno (R-Ohio) has been appointed to the Senate Banking Committee. The Senate Banking Committee, which could be key to the launch of crypto-related bills in 2025, has jurisdiction over two key agencies: the Securities Exchange Commission and the Commodity Futures Trading Commission. Other pro-cryptocurrency lawmakers, including Senator Cynthia Loomis (R-Wyo), have been assigned to remain on the committee. It is expected to participate in...
On December 23rd, newly elected Ohio Republican Senator Bernie Moreno will serve on the Senate Banking Committee, which oversees the Securities Exchange Commission (SEC) and plays a key role in developing crypto legislation. In 2018, Moreno founded Ownum, a company that sells technology to put car ownership on the blockchain. Before entering politics, he was a member of the Digital Chamber, a blockchain policy group.
Bernie Moreno, the Republican candidate for the US Senate, has claimed to have sold his bitcoin assets in response to a potential conflict of interest with the cryptocurrency industry. He received more than $40 million in support for his campaign from the "Defend American Jobs" political action committee. Moreno said he was proud to have the support of the crypto industry, stressing that it was because it was in line with his views, not because he agreed with them. Meanwhile, current Senator She...