🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

Former Ohio and Indiana Congressmen Lead Pro-bitcoin Push

Published 26/04/2023, 12:01
© Reuters.  Former Ohio and Indiana Congressmen Lead Pro-bitcoin Push
BTC/EUR
-
BTC/USD
-
BTC/EUR
-
BTC/JPY
-
BTC/USD
-
BTC/JPY
-
BTC/GBP
-
BTC/GBP
-

  • Former Congressmen teams up to promote Bitcoin’s benefits through BPI Action.
  • The team aims to educate policymakers and the public about Bitcoin’s economic and social advantages.
  • Tim Ryan believes that Bitcoin and other digital innovations have the potential to create jobs and foster financial inclusion.

According to a recent report, former Congressmen Tim Ryan of Ohio and David McIntosh of Indiana are leading a non-partisan effort to promote the benefits of Bitcoin. The two former representatives will head BPI Action, an advocacy group tied to the Bitcoin Policy Institute to educate policymakers and the public about Bitcoin’s economic and social advantages and other digital innovations.

With their new roles, Ryan and McIntosh will spearhead a push to rally support for Bitcoin on Capitol Hill. The advocacy group they will lead will work to increase awareness of the advantages of using Bitcoin, such as increased security and reduced transaction fees.

Familiar sources suggest that by bringing their combined political experience and expertise to the table, Ryan and McIntosh aim to help policymakers and the public better understand the potential of Bitcoin and other digital innovations to drive economic growth and social progress.

Former Congressman Tim Ryan, a Democrat who previously worked on crypto-specific legislation, has highlighted the potential of Bitcoin and other digital innovations to drive financial inclusion and create jobs in underserved communities. Ryan emphasized that traditional financial services have not adequately served many communities, leaving them without proper guardrails that encourage innovation.

He believes that Bitcoin and other digital innovations can address this issue by bringing more underserved communities into financial inclusion and fostering the development of alternative energy sources to create more American jobs.

According to Ryan, his advocacy work with BPI Action will focus on educating policymakers and the public about the potential of Bitcoin and other digital technologies to drive economic growth and social progress. By doing so, he hopes to contribute to a more inclusive and prosperous economy that benefits all Americans.

The post Former Ohio and Indiana Congressmen Lead Pro-bitcoin Push appeared first on Coin Edition.

Read more on Coin Edition

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2024 - Fusion Media Limited. All Rights Reserved.