2 / 3 Relevant items tagged with #CynthiaLummis
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Senator Lummis Proposes the U.S. Buy 1M Bitcoin to Reduce National Debt
[Jul 27, 2024 3:11 PM]
‘We have to get rid of the folks who are in the way’ — Senators speak at Bitcoin 2024
[Jul 26, 2024 4:09 PM] The two Republican senators claimed that if their party wins control of the Senate, they will stop the SEC’s “regulation by enforcement.”
Key U.S. Senate Republican Tim Scott Makes Crypto-Fan Debut
[Jul 26, 2024 3:59 PM] U.S. Sen. Tim Scott (R-S.C.), the top Republican on the Senate Banking Committee who may be in position to be its next chairman, argued at a Bitcoin 2024 appearance on Friday that the government should "make it easy" for the crypto industry to…
US Senator Highlights Bitcoin as Currency Unaffected by Widespread Cyber Outages
[Jul 20, 2024 3:30 PM] U.S. Senator Cynthia Lummis has emphasized bitcoin’s resilience as a form of currency unaffected by widespread cyber outages. Her remarks followed major system failures linked to Crowdstrike, which impacted multiple sectors and have been…
Biden misses chance to 'correct' position on crypto — Senator Lummis
[May 31, 2024 11:59 PM] United States Senator Cynthia Lummis claims that US President Joe Biden “doubled down on his administration’s failed policies.”
Sens. Lummis, Wyden oppose Justice Dept. stance on Tornado Cash charges
[May 13, 2024 1:29 PM] If the Justice Dept. prevails in the case against the cryptocurrency mixer, internet service providers and the post office may also be liable to transmitter requirements, they said.
U.S. Senators Question Justice Department's Pursuit of Crypto Mixers
[May 13, 2024 11:32 AM] A bipartisan pair of U.S. senators is questioning Attorney General Merrick Garland about the "unprecedented interpretation" of law the Department of Justice (DOJ) is using to pursue cryptocurrency software services as unlicensed money-transmitting…
Senate Urged to Swiftly Overturn SEC’s ‘Misguided’ Crypto Rules
[May 10, 2024 5:16 PM] Following the U.S. House of Representatives passing a resolution to overturn the SEC’s Staff Accounting Bulletin 121 (SAB 121), Senator Cynthia Lummis has urged the Senate to do the same. The resolution aims to prevent regulatory overreach that…
Wyoming Senator Slams DOJ’s Take on Non-Custodial Crypto Software, Vows to Protect User Rights
[May 1, 2024 11:35 PM] 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…
Sen. Lummis: It'll Pay to 'Choose Circle Over Tether' Under U.S. Stablecoin Proposal
[Apr 18, 2024 12:44 PM] Circle Internet Financial would have a distinct advantage over global stablecoin leader Tether under U.S. regulations along the lines being suggested by new legislation, according to one of the latest bill's authors, Sen. Cynthia Lummis (R-Wyo.).
U.S. Senators Lummis, Gillibrand Take on Stablecoin Legislation With New Bill
[Apr 17, 2024 3:00 AM] U.S. Senators Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.) are taking another swing at crypto-specific legislation, with a narrowly tailored bill seeking to define how stablecoins – cryptocurrencies that maintain a value with some other…
The Solution for Stablecoin Regulation
[Apr 17, 2024 3:00 AM]
Lummis: Crypto Will Erupt as Big Issue in Senate Races Including Banking Chair Brown's
[Apr 9, 2024 10:33 AM] U.S. Senator Cynthia Lummis (R-Wyo.) said that the high-stakes Ohio election that could decide both the Senate majority and the leadership of the Senate Banking Committee is likely to dig into cryptocurrency issues, and she encouraged industry…
Key U.S. Lawmaker McHenry Says House Has 'Workable' Stablecoin Bill
[Mar 20, 2024 12:29 PM] U.S. Rep. Patrick McHenry (R-N.C.) said some of the recent chaos in Congress derailed crypto legislation for a while, but a stablecoin bill is largely worked out in the House of Representatives and just needs a schedule floor vote.
Tether Confirms Extensive Collaboration With DOJ, FBI and Secret Service
[Dec 17, 2023 7:30 PM] Tether, the stablecoin company, has confirmed it has collaborated extensively with a series of U.S government agencies, including the Department of Justice (DOJ), the Federal Bureau of Investigation (FBI), and the Secret Service. These team-ups are…
SEC Identifies 16 Crypto Tokens as Securities in Kraken Lawsuit
[Nov 21, 2023 8:30 PM] The U.S. Securities and Exchange Commission (SEC) has identified 16 crypto tokens as securities in its lawsuit against cryptocurrency exchange Kraken. Some of the alleged crypto securities were the same as those highlighted in the SEC’s…
US Lawmaker: Crypto Is Not the Problem, Bad Actors That Exist in Every Industry Are
U.S. Lawmakers Lummis, Hill Urge DOJ Decision on Charging Binance, Tether for Aiding Hamas
[Oct 26, 2023 11:38 AM] U.S. lawmakers Senator Cynthia Lummis (R-Wy.) and Rep. French Hill (R-Ark.) have urged the Department of Justice to "expeditiously conclude" investigations and reach a decision on charging Binance and Tether for aiding terrorism financing for Hamas.
Cynthia Lummis: Bitcoin Is the Anti-CBDC
[Sep 29, 2023 12:20 PM] Do We Need CBDCs? Bitcoin Backstage with Cynthia LummisIn the world of digital currencies, two terms frequently come up for discussion - Central Bank Digital Currencies (CBDCs) and Bitcoin. Both have gained significant attention in recent years…
US Congress Members Clash on the Potential Effect of Proposed Tax Rules on the Crypto Industry
[Aug 29, 2023 4:30 PM] Members of the U.S. Congress have expressed concerns about the possible problems that implementing the newly proposed crypto tax reporting requirements could create in the entire industry. Patrick McHenry, Cynthia Lummis, and others reacted…
Weekend Wrap: Uniswap dev sacked for alleged rug, Steadefi hacker goes mixing and more
[Aug 13, 2023 11:10 PM] Uniswap developer AzFlin has admitted to creating the FRENS token but has argued what he did doesn't constitute a rug pull.
U.S. Senator Lummis, Crypto Lobbyists Urge Court to Dismiss SEC's Coinbase Lawsuit
[Aug 11, 2023 8:18 PM] U.S. Senator Cynthia Lummis (R-Wy.), a number of crypto lobbying organizations and a group of professors called on a federal court to dismiss a Securities and Exchange Commission (SEC) lawsuit against crypto exchange Coinbase Friday.
U.S. Senate Passes $886B Military Spending Bill With Crypto AML Provision
[Jul 27, 2023 8:48 PM] The amendment takes aim at crypto mixers and “anonymity-enhancing” crypto assets.
Unpacking the Latest Lummis-Gillibrand Bill Draft
[Jul 18, 2023 9:45 AM] U.S. Senators Cynthia Lummis and Kirsten Gillibrand have developed a second draft of their comprehensive crypto regulation bill. Chances are slim that it will, as a single bill, advance to becoming a law, but it may still drive a broader…
Ripple case: SEC appeal unlikely as it gains from 'current confusion' — Haun Ventures CEO
[Jul 16, 2023 7:55 PM] An immediate appeal could only jeopardize the SEC’s “entire enforcement agenda,” said Katie Haun of Haun Ventures.
US Lawmakers Call on Congress to Pass Crypto Law Following SEC v Ripple Ruling on XRP
Wyoming: Regulatory Clarity and Crypto-Friendly Banks Fuel Blockchain Revolution
[Jun 27, 2023 5:33 AM] America’s least populous state has passed three dozen laws regulating crypto. That has helped attract crypto, blockchain and Web3 employers and made the No. 7 spot in CoinDesk’s Crypto Hubs 2023 the most crypto-friendly state in an otherwise…