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Lummis, 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
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Republican 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
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Ripple has registered its business in Wyoming under the name Ripple Markets WY LLC.Ripple, which has not posted much exciting news this year, has recently given the community good news by opening a new company in Wyoming. As per the Wyoming Secretary of State records, the blockchain-based payment company Ripple
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Caitlin Long, founder and CEO of Avanti Financial, is asking crypto users and others to testify in support of a piece of legislation which could help stop SIM swap attacks. In a tweet posted today, Long requested that any of her 70,500 followers who had been the victim of a SIM
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Hester Peirce, commissioner for the United States Securities and Exchange Commission and best known by the affectionate nickname “Crypto Mom,” says the regulator may not be able to get by if it simply incorporatesng digital assets into its existing regulatory framework.In an interview with Santander Bank Managing Director John Whelan
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In the world of financial regulation, it may seem like progress is slow and arduous. But then there are weeks in which a lot happens, and pieces fall into place with loud clangs and reverberations.This past week was one of those, and the pieces in question are being largely overlooked
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Wyoming’s chief banking regulator has turned to Chainalysis for “beefing up” his division’s monitoring capabilities of illicit cryptocurrency activities. Under a one-year deal disclosed to CryptoX Thursday, Chainalysis will train senior examiners on crypto tracing practices and grant two monitoring software licenses – plus investigatory support – to the Division of
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Cynthia Lummis, a former U.S. Representative and current bitcoin advocate, has won her primary race to join the U.S. Senate representing Wyoming. Source
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[sociallocker id="55298"] JPMorgan would have to move to Wyoming to protect itself from million-dollar Bitcoin (BTC), one of the United States’ most successful legislators has warned.Speaking on financial news show the Keiser Report on June 6, Caitlin Long argued that Wyoming was now far ahead of New York on Bitcoin
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Cardano founder Charles Hoskinson has revealed why the University of Wyoming presented a more attractive choice than Harvard, MIT or Cornell for Input Output’s (IOHK’s) lab.IOHK, the company charged with the development of Cardano, donated $500,000 in ADA to the blockchain lab at the university earlier this year. The State
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