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Sen. Lummis: It'll Pay to 'Choose Circle Over Tether' Under U.S. Stablecoin Proposal
18.4.2024
Circle Internet Financial would have a distinct advantage over global stablecoin leader Tether under U.S. regulations along the lines being suggested by new legislation, according to one of the latest bill's authors, Sen. Cynthia Lummis (R-Wyo.)
The Solution for Stablecoin Regulation
17.4.2024
U.S. Senators Lummis, Gillibrand Take on Stablecoin Legislation With New Bill
17.4.2024
U.S. Senators Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.) are taking another swing at crypto-specific legislation, with a narrowly tailored bill seeking to define how stablecoins – cryptocurrencies that maintain a value with some other asset, like the U.S. dollar – will operate in...
Senator Gillibrand Rallies Democrat Colleagues to Adopt Digital Assets Regulation
25.9.2023
Senator Kirsten Gillibrand is in talks with her Democrat colleagues in the Senate to support cryptocurrency regulation amid speculations of a government shutdown.
Speaking at the Mainnet Conference on Sept 22, Gillibrand noted that she is on track to convince her party members to embrace more...
U.S. Senate Passes $886B Military Spending Bill With Crypto AML Provision
28.7.2023
The amendment takes aim at crypto mixers and “anonymity-enhancing” crypto assets
Unpacking the Latest Lummis-Gillibrand Bill Draft
18.7.2023
U.S. Senators Cynthia Lummis and Kirsten Gillibrand have developed a second draft of their comprehensive crypto regulation bill. Chances are slim that it will, as a single bill, advance to becoming a law, but it may still drive a broader conversation within Congress on what sort of provisions...
US Senators Cynthia Lummis and Kirsten Gillibrand Propose Legislation to Regulate Digital Assets
12.7.2023
US Senators Cynthia Lummis and Kirsten Gillibrand are set to propose a new bill today to regulate cryptocurrencies and other digital assets in the country.
Lummis and Kristen will reintroduce their Responsible Financial Innovation Act amid the ongoing debate about the future of digital asset...
US Senator Cynthia Lummis Blasts SEC Actions Against Coinbase, Explains Crypto Industry Is Being Pushed Offshore
8.6.2023
Wyoming U.S. Senator Cynthia Lummis has heavily criticized the recent legal action of the Securities and Exchange Commission (SEC) against Coinbase, stating that it might push the cryptocurrency industry and its innovation offshore. Lummis also remarked that the SEC has failed to streamline a path...
Congressman McHenry announces joint hearings to address market structure around digital assets
29.4.2023
Patrick McHenry suggested that the hearings will look to add to the regulatory efforts being done on the bipartisan bill led by Senator Cynthia Lummis and Senator Kirsten Gillibrand
Crypto’s regulatory fate will be decided in the year ahead
19.12.2022
Congress is set to take up a slew of legislative proposals in 2023 that will determine which regulators have chief domain over cryptocurrency
US Senator Urges Congress to Pass Her Crypto Bill — Claims It Would’ve Prevented FTX Bankruptcy
18.11.2022
U.S. Senator Cynthia Lummis believes that the FTX bankruptcy wouldn’t have happened under the Lummis-Gillibrand crypto bill. She stressed: “It’s clearer now than ever before that we need comprehensive regulation in the digital asset space.” Senator Lummis Explains...
Lummis-Gillibrand crypto bill likely deferred to next year
20.7.2022
Senator Cynthia Lummis said that non-crypto-versed Senators will need some time to understand and digest the proposals
Gillibrand and Lummis state that most altcoins are securities
9.6.2022
“Most cryptocurrencies go to the SEC [...] Bitcoin and Ether would be certainly commodities, and that's agreed upon,” said the U.S. Senator from New York Kirsten Gillibrand