US Senator representing the state of Wyoming, Cynthia Lummis, is the first Senator in the history of the nation to own Bitcoin and in no uncertain terms advocates it. She makes her stance regarding cryptocurrency clear and goes on to unfold her plans about cryptocurrency. ...
Hagerty’s “Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act” received support from Senators Tim Scott, Kirsten Gillibrand and Cynthia Lummis. Hagertyaddedon X that he is looking forward to working with Representative French Hill and theHouse Financial Services Committeeto ...
✔️ Make America the bitcoin and digital asset capital of the world — Senator Cynthia Lummis (@SenLummis)January 23, 2025 The new Senate subcommittee on digital assets has a host of issues to tackle with normalizing US government policy over blockchain. In an X post on Thursday afternoon...
US Senators Kirsten Gillibrand and Cynthia Lummis said legislation on stablecoins is the portion of their framework for crypto regulation which is most likely to progress this year. On 7 June 2022 U.S. Senators Gillibrand (D-NY), member of the Senate Agriculture Committee, and Lummis (R-WY)...
In July, US Senator Cynthia Lummisintroduceda bill to establish a Bitcoin strategic reserve. Pennsylvania lawmakers alsointroduced legislation in the state’s House of Representativesto permit its treasury to hold up to 10% in Bitcoin. Polish presidential candidate Sławomir Mentzen hasvowed to creat...
Other well-known Bitcoin proponents, such as MicroStrategy’s Michael Saylor and Senator Cynthia Lummis, congratulated Lutnick on his confirmation. “Congratulations to my friend, Secretary Howard Lutnick!” Lummiswroteon X. “I know he will do a fantastic job reinvigorating our economy.” ...
Senator Cynthia Lummis got bipartisan support for her Bitcoin Reserve bill, and some state-level representatives also support the act. These vocal advocates, however, are few. It’ll take more than a few elected officials to get such a sweeping policy over the finish line. For example, Novogra...
US lawmakers have also praised the move. House Financial Services Committee ChairFrench Hilldescribedthe previous SAB 121 rule as out of sync with standard financial practices, while SenatorCynthia Lummishighlightedits detrimental impact on innovation and banking. ...
The most concrete bitcoin reserve proposal circulating in Washington comes from pro-crypto Republican Senator Cynthia Lummis, who personally holds five bitcoins. In July she introduced a bill, yet to gain traction, that would create a reserve operated by the Treasury. ...
Cynthia Lummis, a US senator from Wyoming often regarded as supportive of crypto,introduced a billto create such a reserve in July. But so far, the bill has not been passed. Prevent a CBDC Trump has also pledged to ensure a central bank digital currency, or a blockchain payment system ru...