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Lummis said she is working on other fronts to provide the crypto industry with more clarity in Washington, including a sprawling piece of crypto legislation co-sponsored with Sen. Kirsten ...
Introduced by Sens. Lummis (R-WY) and Gillibrand (D-NY), the bill aims to create clarity for regulators and the crypto industry to safeguard investors and consumers.
Digital asset regulation has become a partisan issue, especially as a government shutdown looms.
At a conference hosted by The Wall Street Journal on June 14, U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler expressed concern that the Lummis-Gillibrand bill could inadvertently undermine stock market and mutual fund protections, noted that cryptocurrency companies were already engaging in behaviors overseen by the SEC ...
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U.S. digital asset ownership jumped from 30% in 2023 to 40% in 2024. Congress must rise to the occasion and pass FIT21. The House crypto bill could be the answer to America’s regulatory soul ...
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Sen. Cynthia Lummis and Sen. Kirsten Gillibrand introduced comprehensive legislation in June to regulate crypto.