- Senator Tim Scott (R-South Carolina) spoke at the Bitcoin 2024 conference in Tennessee, supporting crypto-friendly regulation.

- Scott, the potential chairman of the Senate Banking Committee, called for easier innovation in the crypto industry in the US.

- Michael Saylor from MicroStrategy and Cathie Wood from ARK Invest supported the idea of ​​​​using Bitcoin as a reserve asset for the United States.

- Cryptocurrency legislation passed the House of Representatives but stalled in the Senate.