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Sens. Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.) introduced bipartisan legislation to create a regulatory framework for the crypto markets, the Responsible Financial Innovation Act ...
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.
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.
The bill was first introduced "into the House Financial Services Committee and the Committee on Agriculture in June 2023." [2] In early May 2024, the bill was jointly approved by both the Financial Services committee and the Ag committee (which has jurisdiction for law related to commodity exchanges). This set the stage for consideration of the ...
Senators Kirsten Gillibrand and Cynthia Lummis introduced their long-awaited crypto legislation that favors the CFTC as a watchdog and wipes away tax worries for purchases of less than $200.
Cynthia Marie Lummis Wiederspahn (/ ˈ l ʌ m ɪ s / LUH-miss; [1] born September 10, 1954) is an American attorney and politician serving as the junior United States senator from Wyoming since 2021. A member of the Republican Party, Lummis served as the U.S. representative for Wyoming's at-large congressional district from 2009 to 2017.
Gensler was born into a Jewish family [6] in Baltimore, Maryland, one of five children of Jane (née Tilles) and Sam Gensler. [7] Sam Gensler was a cigarette and pinball machine vendor to local bars, [8] and he provided Gensler with his first exposure to the real-world side of finance when Sam would take Gensler to the bars of Baltimore to count nickels from the vending machines.
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