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Nalezeno "Cynthia Lummis": 91

Senate Urged to Swiftly Overturn SEC’s ‘Misguided’ Crypto Rules

11.5.2024
Following the U.S. House of Representatives passing a resolution to overturn the SEC’s Staff Accounting Bulletin 121 (SAB 121), Senator Cynthia Lummis has urged the Senate to do the same. The resolution aims to prevent regulatory overreach that makes it prohibitive for financial institutions...

Senator Cynthia Lummis Slams DOJ For “Hyper-Aggressive” Crypto Stance On Self-Custody Wallets

2.5.2024
Senator Cynthia Lummis (R-WY) is slamming the U.S. Department of Justice (DOJ) for its stance on self-custody wallets, according to a Wednesday post from Lummis’ official X account. Lummis' condemnation comes on the heels of the U.S. government pressing unlicensed money-transmitting charges against...

Wyoming Senator Slams DOJ’s Take on Non-Custodial Crypto Software, Vows to Protect User Rights

2.5.2024
Wyoming’s Republican Senator Cynthia Lummis has responded to the Department of Justice’s (DOJ) latest argument regarding non-custodial software. Lummis’s remarks follow the DOJ’s reply brief on the indictment against Tornado Cash developer Roman Storm’s motion to dismiss. Senator Lummis...

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...

Lummis: Crypto Will Erupt as Big Issue in Senate Races Including Banking Chair Brown's

9.4.2024
U.S. Senator Cynthia Lummis (R-Wyo.) said that the high-stakes Ohio election that could decide both the Senate majority and the leadership of the Senate Banking Committee is likely to dig into cryptocurrency issues, and she encouraged industry insiders to make sure it does

Key U.S. Lawmaker McHenry Says House Has 'Workable' Stablecoin Bill

20.3.2024
U.S. Rep. Patrick McHenry (R-N.C.) said some of the recent chaos in Congress derailed crypto legislation for a while, but a stablecoin bill is largely worked out in the House of Representatives and just needs a schedule floor vote

Pro-Bitcoin Senator Cynthia Lummis Leads Push for Stablecoin Regulation: A Look at the Bill and Its Impact

8.3.2024
U.S. Senators Cynthia Lummis and Kirsten Gillibrand are getting ready to unveil a landmark stablecoin regulation bill. The bill has received support from stakeholders including the Treasury and the New York Department of Financial Services. The post Pro-Bitcoin Senator Cynthia Lummis Leads Push...

Tether Confirms Extensive Collaboration With DOJ, FBI and Secret Service

18.12.2023
Tether, the stablecoin company, has confirmed it has collaborated extensively with a series of U.S government agencies, including the Department of Justice (DOJ), the Federal Bureau of Investigation (FBI), and the Secret Service. These team-ups are focused on making the stablecoin ecosystem safer...

SEC Identifies 16 Crypto Tokens as Securities in Kraken Lawsuit

22.11.2023
The U.S. Securities and Exchange Commission (SEC) has identified 16 crypto tokens as securities in its lawsuit against cryptocurrency exchange Kraken. Some of the alleged crypto securities were the same as those highlighted in the SEC’s lawsuits against Coinbase and Binance. Kraken’s...

Senator Cynthia Lummis Slams SEC for its “Ruling by Enforcement” Approach Following Kraken Lawsuit

21.11.2023
Source: Sen. Cynthia Lummis’ website Senator Cynthia Lummis has criticized the Securities and Exchange Commission (SEC) for its current approach to cryptocurrency regulation. In a recent post on X (formerly Twitter), the senator accused the agency of relying on a “ruling by enforcement”...

US Lawmaker: Crypto Is Not the Problem, Bad Actors That Exist in Every Industry Are

12.11.2023
U.S. Senator Cynthia Lummis has defended crypto against claims that the asset class is heavily used in illicit finance. Emphasizing that “Crypto is not the problem, bad actors that exist in every industry are,” the lawmaker pointed out that crypto accounts for less than 1% of...

Senator Lummis Takes a Stand Against SEC’s Crypto Crackdown, Says the Commission is “Overreaching”

6.11.2023
Senator Cynthia Lummis (R-Wyo.) has voiced opposition to the Securities and Exchange Commission’s ongoing crackdown on the cryptocurrency industry. In an interview with Yahoo Finance, she expressed her concerns about the regulatory agency’s actions and vowed to block one of...

Lawmakers Lummis and Hill Urge DOJ Decision on Charging Binance and Tether for Aiding Hamas

26.10.2023
U.S. lawmakers Senator Cynthia Lummis (R-Wy.) and Rep. French Hill (R-Ark.) have urged the Department of Justice to "expeditiously conclude" investigations and reach a decision on charging Binance and Tether for aiding terrorism financing for Hamas

US Congress Members Clash on the Potential Effect of Proposed Tax Rules on the Crypto Industry

30.8.2023
Members of the U.S. Congress have expressed concerns about the possible problems that implementing the newly proposed crypto tax reporting requirements could create in the entire industry. Patrick McHenry, Cynthia Lummis, and others reacted differently to the potential effects of these proposals...