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Emmer & Begich Demand Senate Action: Secure America’s Crypto Future Now

Emmer & Begich Demand Senate Action: Secure America’s Crypto Future Now

Author:
CoindeskEN
Published:
2025-07-22 16:19:48
15
2

The Senate Must Finish the Job on America’s Pro-Crypto Future—Emmer, Begich

Washington's crypto crossroads—will lawmakers seize the moment or fumble the future?

The Clock Is Ticking

Two pro-crypto legislators are turning up the heat as regulatory uncertainty chills innovation. Representative Tom Emmer (R-MN) and Senator Mark Begich (D-AK) just issued a blunt warning: America risks losing the blockchain race.

Why This Matters

While Wall Street hedgies still debate whether Bitcoin is 'digital gold' or a speculative toy (spoiler: their funds quietly hold both), real economic infrastructure is being built elsewhere. The senators' push comes as Singapore, Switzerland, and even crypto-skeptic Europe sprint ahead with clear frameworks.

The Stakes

Every month of congressional dawdling sends another Web3 startup offshore. The irony? These same lawmakers will later feign surprise when the next Coinbase lists in Bermuda instead of Brooklyn.

Time to legislate—or abdicate.

Central bank surveillance

There’s another critical frontier the Senate must address: protecting Americans from surveillance-driven central bank digital currencies (CBDCs).

While other nations embrace centralized digital currencies as tools of control—none more chillingly than the Chinese Communist Party—we must draw a firm line in defense of American freedom. That’s why the House passed the Anti-CBDC Surveillance State Act, which prohibits the Federal Reserve from issuing a CBDC. It’s a necessary safeguard, and we’re working to ensure its passage.

We cannot unleash a new era of innovation while leaving the door open for future administrations to turn that same technology against our own citizens.

The Senate must send the Anti-CBDC Surveillance State Act and the CLARITY Act to President Trump’s desk so that the United States doesn’t just participate in the digital asset revolution, but leads it.

This isn’t a Republican issue or a Democratic issue. It’s an American issue. Whether you’re from Minnesota or Alaska, whether you’re 18 or 80—when done right, this technology empowers individuals, strengthens financial sovereignty, and unlocks opportunity for all.

It’s the future. And now, we must finish the job.

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