Senator Lummis says Treasury should convert gold for Bitcoin reserve
The United States government has the highest gold reserves in the world, with over 8,000 tons of the precious metal on its balance sheet. Go to Source
senator cynthia lummis
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Sen. Lummis proposes US government purchase 5% of total Bitcoin supply
The pro-crypto Senator introduced the Bitcoin Reserve Bill while declaring “this is the solution, this is the answer, this is our Louisiana purchase moment, thank you Bitcoin!” Go to Source
Wyoming Senator to Propose Bill for US Central Bank to Hold Bitcoin, Report Says
Senator Cynthia Lummis of Wyoming is preparing to introduce new legislation that would require the Federal Reserve to hold bitcoin as a strategic reserve asset, as reported by Fox Business News. According to three anonymous individuals with knowledge of the matter, the bill is set to be announced at the annual Bitcoin Conference in Nashville, … Read more
US Congress Building Pro-Crypto Army, Lawmaker Says
Crypto is gaining momentum among U.S. lawmakers. Senator Cynthia Lummis stated: “We are building a pro-crypto army in Congress.” This declaration came shortly after the House of Representatives passed the landmark Financial Innovation and Technology for the 21st Century Act (FIT21) crypto bill, despite opposition from the White House and SEC Chairman Gary Gensler. ‘We … Read more
US Congress Passes First Standalone Crypto Legislation
The U.S. Congress has passed its first standalone crypto legislation, which aims to overturn the controversial U.S. Securities and Exchange Commission (SEC)’s SAB 121 rules regarding crypto assets. However, President Joe Biden has threatened to veto this decision, citing concerns about financial stability and market uncertainty. ‘We Are Just Getting Started’ In a historic move, … Read more
Wyoming Senator Slams DOJ’s Take on Non-Custodial Crypto Software, Vows to Protect User Rights
Wyoming’s Republican Senator Cynthia Lummis has responded to the Department of Justice’s (DOJ) latest argument regarding non-custodial software. Lummis’s remarks follow the DOJ’s reply brief on the indictment against Tornado Cash developer Roman Storm’s motion to dismiss. Senator Lummis Questions DOJ’s Non-Custodial Wallet Stance, Cites Legal Misinterpretations Senator Cynthia Lummis, a staunch advocate of cryptocurrency, … Read more
Senator Lummis files Amicus Brief supporting Coinbase’s dismissal motion against SEC
Senator Lummis argued that the SEC is attempting to “circumvent the political process” by establishing itself as the main authority on crypto. Go to Source
US Senator Urges Congress to Pass Her Crypto Bill — Claims It Would’ve Prevented FTX Bankruptcy
U.S. Senator Cynthia Lummis believes that the FTX bankruptcy wouldn’t have happened under the Lummis-Gillibrand crypto bill. She stressed: “It’s clearer now than ever before that we need comprehensive regulation in the digital asset space.” Senator Lummis Explains How Her Crypto Bill Would Prevent the FTX Catastrophe U.S. Senator Cynthia Lummis (R-WY) explained in a … Read more
US Senator Says ‘I Love That Bitcoin Can’t Be Stopped’ Citing Concerns About National Debt and Inflation
U.S. Senator Cynthia Lummis says she loves that bitcoin cannot be stopped and that governments cannot just confiscate the cryptocurrency. “It’s actually comforting to know that bitcoin is there,” she said, citing concerns about the national debt and inflation. U.S. Senator: Bitcoin Is Something Governments Cannot Take U.S. Senator Cynthia Lummis (R-WY) talked about bitcoin … Read more
Senators Bragg and Lummis discuss crypto laws collaboration between US, Australia
“We want to be close to our friends in the United States on these issues as much as we can,” Australian Senator Andrew Bragg told Cointelegraph. Go to Source Powered by WPeMatico
