U.S. Sen. Tim Scott, the top Republican on the Senate Banking Committee who may be in position to be its next chairman, argued at a Bitcoin 2024 appearance on Friday that the government should make it easy for the crypto industry to innovate in the U.S. While he stayed relatively quiet on crypto, he broke the silence with his lively crypto debut at Bitcoin 2024 in Nashville, where he shouted the merits of digital assets. He also spoke of having to get rid of the folks who are in the way, speaking alongside Senator Cynthia Lummis, criticizing SEC Chair Gary Gensler as a crypto-policy roadblock.

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