Bitcoin climbs as Fed Chair Powell tells Senate stablecoin industry has matured: CNBC Crypto World

Today, Bitcoin climbs as investors focus on when we might see rate cuts from the Fed. Senator Cynthia Lumis joined CNBC Squawkbox to explain a new bill aimed at providing rules of the road for crypto. And Juval Ruse, the CEO of crypto firm Digital Asset, explains how the firm plans to use capital raised from big Wall Street names.[Music] Welcome to CNBC's Crypto World. I'm Talia Kaplan. Bitcoin on the rise again this morning as investors move past tensions in the Middle East and turn their attention back to ...