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Latin Times
Latin Times
Politics
Elizabeth Urban

Republican Senator Insists Making US the 'Crypto Capital of the World' Is 'Good News for Americans Living in Poverty'

Tim Scott Crypto Republican America United States Poverty Donald Trump Melania Trump Fox Business
Sen. Tim Scott insisted that efforts to make the U.S. the "crypto capital of the world" have positive implications for Americans of all financial statuses. (Credit: AFP)

A Republican senator insisted that efforts to make the U.S. the "crypto capital of the world" have positive implications for all Americans, but "especially those living in poverty" while promoting cryptocurrency legislation.

South Carolina Sen. Tim Scott advocated for the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act during an appearance on Fox Business Thursday morning, saying that the bill aligned well with President Donald Trump's campaign promises.

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