Tom Emmer Is The Latest GOP Nominee For Speaker Of The House: What's Next For Crypto-Friendly Candidate?
Portfolio Pulse from Chris Katje
U.S. Rep Tom Emmer of Minnesota has been nominated by the House GOP as the latest candidate for Speaker of the House. Emmer is known for his support for cryptocurrency legislation, which could make his nomination and potential role as speaker a catalyst for major cryptocurrencies like Bitcoin (CRYPTO: BTC). He has supported several cryptocurrency regulation efforts and opposes the issuance of CBDCs by the Federal Reserve.

October 24, 2023 | 4:42 pm
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Tom Emmer's nomination as Speaker of the House could be a positive catalyst for Bitcoin, given his support for cryptocurrency legislation.
Tom Emmer is known for his support for cryptocurrency legislation. If he becomes the Speaker of the House, he could push for more favorable regulations for cryptocurrencies, which could positively impact the price of Bitcoin.
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