Will Senator Lummis’ digital asset legislation provide clarity or favoritism?
The bill Senator Cynthia Lummis and Senator Kirsten Gillibrand proposed aims to clarify federal regulations on stablecoins, banking, SEC and CFTC jurisdiction, and taxes.
Latest Cynthia Lummis News
The CoinGeek Pulse Episode 90: ‘Crypto’ scams net $1B, Binance probed and global industry updates
The U.S. Federal Trade Commission released a report detailing about 46,000 people with over a median of $2,600 individual loss—this is about 60x higher than in 2018.`
Sweeping US ‘crypto’ bill elevates CFTC’s role in regulating digital assets
The Responsible Financial Innovation Act is designed to improve flexibility, innovation, transparency and consumer protections with regard to digital assets.
Pro-digital currency Senator Lummis joins Senate Banking Committee
Wyoming Senator Cynthia Lummis will join the all-powerful committee that’s charged with formulating regulations for the financial services industry, including digital currencies.