Category: Lummis
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Senator Lummis Announces Crypto Subcommittee ‘Dream Team’
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With the new administration supporting the crosso in the office, the industry began to see the long -awaited change for the approach with regard to regulations and measures to develop the sector. After announcing the first sub -committee from the US Senate -related Senate, Senator Centeh Lomes revealed the digital…
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Trump’s Digital Assets Executive Order May Not Last — Senator Lummis is Doing it Right
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Follow Anastasia on x. Last night, President Trump signed “digital assets” Executive order (EO), and let’s only say bitcoiners feel … sour. Initially, rumors spread that this might be legislation for the strategic reserve of the expected bitcoin. But no – not even near. Bitcoin Reserve did not get one…
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Trump’s Digital Assets Executive Order May Not Last — Senator Lummis is Doing it Right
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Follow Anastasia on x. Last night, President Trump signed “digital assets” Executive order (EO), and let’s only say bitcoiners feel … sour. Initially, rumors spread that this might be legislation for the strategic reserve of the expected bitcoin. But no – not even near. Bitcoin Reserve did not get one…
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Federal Reserve to Own Bitcoin? Lummis Proposes Change
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In an interview with Yahoo Finance, US Senator Cynthia Lummis of Wyoming introduced a proposal to give the Federal Reserve the authority to hold Bitcoin as part of the official US reserves. It argues that this approach could improve the country’s long-term financial stability, strengthen the global role of the…
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Senator Lummis Holds Talks With Treasury Secretary Bessent On Bitcoin Reserve Strategy
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In a significant step toward creating a US Strategic Bitcoin Reserve, Senator Cynthia Lummis recently met with new Treasury Secretary Scott Besent, according to a recent report. Social media sharing On X (formerly Twitter) where Loomis expressed optimism about Bessent’s potential support for digital assets, especially BTC. Trump rings the…
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Senator Cynthia Lummis Announces Bill for US To Buy 1 Million Bitcoin
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Senator Cynthia Lummis (R-Wyoming) has announced plans to introduce legislation that would direct the U.S. government to hoard 1 million bitcoins, which would be worth more than $68 billion at current prices. Occur in Bitcoin Conference 2024 In Nashville, Loomis said the bill would allow the U.S. Treasury to buy…
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US Senator Lummis unveils Bitcoin reserve legislation following Trump’s keynote
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At the Bitcoin 2024 conference, Senator Cynthia Lummis proposed a more detailed plan to create a strategic reserve of Bitcoin to back the US dollar and cement America’s global financial leadership. After days of anticipation, US Senator Cynthia Lummis has finally announced Advertise Loomis has proposed legislation to create a…
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Sen. Cynthia Lummis praises Bitcoin, calls CBDCs ‘the beast’
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Sen. Cynthia Lummis reiterated her agenda on Bitcoin on Friday, mocking the merits of central bank digital currencies (CBDCs) in an interview with Fox Business host Larry Kudlow. In a recent interview with Fox Business on Friday, July 13, Lummis emphasized the potential benefits of Bitcoin reserves in strengthening the…
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Sen. Cynthia Lummis praises Bitcoin, calls CBDCs ‘the beast’
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Sen. Cynthia Lummis reiterated her agenda on Bitcoin on Friday, mocking the merits of central bank digital currencies (CBDCs) in an interview with Fox Business host Larry Kudlow. In a recent interview with Fox Business on Friday, July 13, Lummis emphasized the potential benefits of Bitcoin reserves in strengthening the…
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Senator Cynthia Lummis Reiterates Support For Bitcoin As US Reserve Asset
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Once again, prominent cryptocurrency advocate and US Senator Cynthia Lummis has called for Bitcoin to be adopted as a reserve asset by the US government. Lummis’ latest show of support for Bitcoin adoption comes as the senator has also opposed the creation of a central bank digital currency (CBDC) for…
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Navigating The Lummis Gillibrand Act, Stablecoin Regulatory Landscape: A Comprehensive Exploration
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The world of digital finance has seen a rapid rise in the importance of stablecoins, which are crypto assets designed to maintain a stable value compared to a reference asset, usually the US dollar. As this innovative financial instrument has gained momentum, policymakers have grappled with the need to create…
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Navigating The Lummis Gillibrand Act, Stablecoin Regulatory Landscape: A Comprehensive Exploration
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The world of digital finance has seen a rapid rise in the importance of stablecoins, which are crypto assets designed to maintain a stable value compared to a reference asset, usually the US dollar. As this innovative financial instrument has gained momentum, policymakers have grappled with the need to create…
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Senator Lummis Challenges US Crackdown On Crypto Market, Vows To Protect Investor’s Rights
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In the face of increasing global regulatory pressure on the cryptocurrency industry, the Biden administration’s intensified crackdown and actions by regulators have prompted Senator Cynthia Lummis to issue a strong statement against the US government’s stance on the industry. Senator Lummis, a prominent supporter of Bitcoin and the cryptocurrency market…
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Senator Lummis challenges DOJ’s stance on private crypto wallets
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US Senator Cynthia Lummis said that the Department of Justice’s position on self-custody of cryptocurrencies contradicts existing Treasury Department guidance and violates the rule of law. Lummis (R-WY) says she opposes the Biden administration’s criminalization efforts regarding the Bitcoin (BTC) network and decentralized finance (defi). I am deeply concerned about…