News with the tag "Senator Cynthia Lummis"

At the Digital Asset Summit on March 19, Senator Cynthia Lummis (R-WY) claimed that the previous Biden administration may have sold a significant portion of the United States’ confiscated Bitcoin holdings. During a panel discussion, Senator Lummis outlined her concerns, explaining that while the Uni...

Senator Cynthia Lummis , the new Head of the U.S. Historic Senate Subcommittee on crypto, has taken a major step focused on the country’s long-term economic plans. She has recently reintroduced a bill aimed at creating a national Bitcoin reserve. This move aligns with President Donald Trump’s execut...

The Federal Deposit Insurance Corporation (FDIC) has released 175 documents related to its supervision of banks involved in crypto activities. The release comes ahead of a court-ordered deadline and coincides with the upcoming congressional hearing on banking practices and financial access. FDIC Rel...

Amid increasing anticipations of the United States’ potential implementation of its Bitcoin strategy, new states are introducing BTC proposals. The US State of Montana has become the latest to join the US rally to adopt a strategic Bitcoin reserve. Following the Czech Republic’s approval of a propos...

Senator Cynthia Lummis has been voted in as the chair of the Senate’s Digital Assets Subcommittee. The decision, confirmed following a vote by the Senate Banking Committee earlier this morning, marks a milestone in Lummis’s career as a key advocate for cryptocurrency legislation in the United States...

Senator Cynthia Lummis has expressed optimism about the future of Bitcoin and digital assets in the United States. In a recent meeting with David Bailey, a crypto advocate, Lummis reaffirmed her commitment to advancing the integration of Bitcoin into the U.S. financial ecosystem. Her remarks have st...

In a significant development for the ongoing discourse surrounding the digital asset sector, US Senator Cynthia Lummis (R-WY) has raised serious allegations against the Federal Deposit Insurance Corporation (FDIC). In a letter directed to FDIC Chair Marty Gruenberg, Lummis claims whistleblowers from...

Senator Cynthia Lummis has issued a warning to the Federal Deposit Insurance Corporation (FDIC) regarding allegations of document destruction related to “Operation Choke Point 2.0” (OCP 2.0). Whistleblowers have accused the agency of withholding and destroying materials tied to the alleged anti-cryp...

“Democrats legacy: A loss of more than $18.5 billion in unrealized value for American taxpayers,” the senator wrote on social media.

Pro-crypto Senator Cynthia Lummis is allegedly probing the United States Marshals over the proposed plans to sell its seized Bitcoin (BTC) stash. The investigation, according to Politico hinges on halting the rushed approach of the regulator at a critical time in the country. The US Marshals and Bit...