Cynthia Lummis

Highlights: U.S. senators urged bank regulators to create fair capital rules for digital assets. Lawmakers criticized Basel rules that give some crypto assets a 1,250% risk weight. Senators said banks need risk-based crypto rules to participate safely in digital asset […]

Highlights: Lummis says the CLARITY Act will protect developers who do not control user funds. Lawmakers are revising the bill to target criminals without affecting software builders. Developers could gain safe harbor periods to test and launch protocols without early […]

Highlights: Senator Cynthia Lummis hinted that the U.S. government could buy Bitcoin in the future. Her X post featured Franklin the Turtle using a Bitcoin-labeled laptop and tokens. U.S. and state interest in Bitcoin grows amid caution over its price […]

Highlights: Lummis says Bitcoin can help reduce the US debt and strengthen the nation’s financial stability over time. The Treasury and White House are exploring plans for a strategic Bitcoin reserve using seized assets. The policy momentum is growing as […]

Highlights: Cynthia Lummis said Trump supports the Bitcoin Act and created a team for crypto laws. The government owns 200,000 Bitcoins, and many states want Bitcoin reserve plans. She said the market structure bill matters to businesses and the stablecoin […]

Highlights: Senator Lummis urges a pause on Trump’s memecoin dinner, citing legal and ethical concerns. She calls for clear crypto rules to avoid legal confusion in political events. The $TRUMP memecoin has surged in value, raising concerns about possible conflicts […]

Highlights: Senator Lummis reintroduces the Bitcoin Act Bill to create a strategic reserve. The U.S. government aims to acquire 1 million BTC over five years. The bill ensures transparency with independent audits and decentralized storage. Senator Cynthia Lummis has reintroduced […]

Highlights: The Act will require issuers to keep reserves in US currency or approved assets. Large stablecoin issuers will follow Federal Reserve rules, while state authorities will regulate smaller ones. The Trump administration believes that stablecoins will boost the US […]

Highlights: Dennis Porter states that Utah might be the first to establish a Bitcoin reserve in 45 days. Eric Weiss notes fifteen U.S. states plan Bitcoin reserves pending White House approval. Cynthia Lummis argues Bitcoin can hedge inflation and protect […]

Highlights: Senator Cynthia Lummis says that Congress should only set crypto rules, and the SEC is overstepping its authority. Coinbase fights SEC claims that it runs an unregistered exchange and says current laws do not fit digital assets. The SEC’s […]

Highlights: Senator Tim Scott leads efforts to create the first-ever crypto subcommittee in the US Senate. Lummis, a Bitcoin advocate, is expected to chair the new subcommittee to push regulatory clarity. Trump’s Bitcoin reserve proposal faces challenges, while Biden complicates […]

Highlights: Senator Lummis criticizes SEC’s crypto regulations, calling for clear guidelines to reduce uncertainty for digital asset companies. She advocates for Bitcoin and Ethereum to be regulated by the CFTC as commodities, not securities under the SEC. Lummis urges Congress […]