Cynthia Lummis: Senator, Hodler
The Wyoming senator, a speaker at CoinDesk's Consensus festival, holds plenty of BTC and champions crypto whenever she can. Original Source
Read MoreThe Wyoming senator, a speaker at CoinDesk's Consensus festival, holds plenty of BTC and champions crypto whenever she can. Original Source
Read MoreUnited States Senator from New York Kirsten Gillibrand revealed working with Senator Cynthia Lummis on a broad-based regulatory framework for the crypto industry on Thursday during a live event in Washington, D.C. As Gillibrand specified, she and Lummis are undertaking “a very complex and intensive review” of different aspects of the industry,
Read MoreSen. Lummis, long a bitcoin (BTC) hodler, has been working on the “comprehensive” bill since at least 2021. A senior aide for the senator told CoinDesk in December the bill would call for the creation of a crypto regulatory body, as well as federal rules for stablecoins, consumer protection provisions,
Read MoreLummis, who sits on the Senate Banking committee, wants nothing short of full normalization for digital assets in the U.S., the aide said. Her upcoming bill will propose doing just that with federal rules for stablecoins, consumer protection provisions and updated taxation guidance, as well as a new watchdog: a
Read MoreLawmakers continue to ask questions about digital assets. Last week, Sen. Sherrod Brown (D-Ohio), chairman of the Senate Banking Committee that Lummis also sits on, sent open letters to a number of stablecoin issuers, asking for details about their operations, consumer protection efforts, governance and issuance. Original Source
Read MoreRepublican senator for Wyoming Cynthia Lummis has argued that the Federal Reserve is “violating the law” by delaying the processing of applications from crypto-native banks to receive accounts at the central bank.In a Nov. 30 op-ed for the Wall Street Journal, Lummis claimed that the Fed was treating the Special
Read MoreCrypto-friendly U.S. Sen. Cynthia Lummis (R-Wyo.) has expressed significant concerns about the crypto track records of President Joe Biden’s nominees to head the Federal Reserve for its next term, current Fed Chair Jerome Powell and Fed Governor Lael Brainard. As a result, Lummis is likely to oppose the nominations and
Read More“We need to be fostering innovation, not stifling it, if we are going to maintain America’s position as the global financial leader,” Lummis said in a statement. “I’m proud to introduce this bipartisan bill to ensure that our tax system reflects the realities of digital assets and distributed ledger technology.” Source
Read MoreU.S. Senator Cynthia Lummis said, “Thank God for bitcoin,” during her speech to the Senate about raising the U.S. debt limit. “Bitcoin is not issued by a government, so it is not beholding to the debts that are run up by governments,” she explained. US Senator to Congress: ‘Thank God for
Read MoreU.S. Senator Cynthia Lummis has disclosed her bitcoin purchase worth between $50K and $100K. The senator from Wyoming sees bitcoin as an “excellent store of value” that should be in every investment portfolio. Senator Lummis Buys Bitcoin The pro-bitcoin senator from Wyoming, Cynthia Lummis, disclosed her recent bitcoin purchase in a periodic
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