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Senator Cynthia Lummis is vowing to block a SEC bulletin from becoming binding, citing it as another example of how the agency is 'overreaching' in its regulation of crypto assets.
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.
A much more sprawling bill dubbed the Responsible Financial Innovation Act introduced in June by Senators Cynthia Lummis (R-WY) and Kirsten Gillibrand (D-NY) would also make the CFTC crypto’s ...
Digital asset regulation has become a partisan issue, especially as a government shutdown looms.
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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In a recent development, a Senate committee has passed a potentially transformative crypto bill. This move could significantly influence the prices of Bitcoin, Ethereum, and XRP. This news comes ...
Senator Cynthia Lummis (R-WY), who along with Senator Kirstin Gillibrand (D-NY), has proposed comprehensive legislation to regulate cryptocurrencies, asked Gensler for his thoughts on proposed ...