Capitol Hill is on the cusp of a potentially “landmark day” for cryptocurrency regulation, which has now become a hot topic in U.S. politics. Conner Brown, managing director at the Bitcoin Policy Institute (BPI) and former counsel for Senator Cynthia Lummis, recently teased “very exciting developments” emerging from Washington, D.C. Power projection According to a recent op-ed by Representative Lance Gooden, a sitting member of the House Armed Services Committee, the Chinese Communist Party (CCP) is rolling out its centralized digital yuan to bypass the U.S.-led financial order while simultaneously stockpiling Bitcoin. According to Gooden, the world’s second-largest economy intends…
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