Cynthia Lummis

With the bipartisan support of Sen. Kirsten Gillibrand (D-NY) and Sen. Cynthia Lummis (R-WY), the Responsible Financial Innovation Act was proposed earlier today. Alongside a number of regulatory clarifications presented in the legislation, one major component is its endeavor to...

Senator Jacky Rosen (D-Nev) sent a letter recently urging the appropriations committee to provide licensed marijuana businesses with access to Small Business Administration loans, reported Nevada Appeal.  Cannabis companies are currently banned from accessing SBA...

Earlier this year, WonderFi Technologies Inc (NEO: WNDR) announced its intention to acquire First Ledger Corporation, the parent of Bitbuy, the first approved crypto marketplace in Canada. The deal, which ran north of $160 million, puts WonderFi in a better position to further unlock easy and...

The U.S. Federal Reserve should acquire Bitcoin (CRYPTO: BTC) and hold it on its balance sheet, according to Sen. Cynthia Lummis (R-WY). What Happened: While on a panel hosted by the Orrin G. Hatch Foundation on Thursday, Lummis said she thinks "it...

According to a Bloomberg report, Bitcoin (CRYPTO: BTC) holder and U.S. Senator Cynthia Lummis is planning to introduce a comprehensive crypto bill in 2022.  If passed by Congress and signed into law, the legislation would create a new regulatory body, overseen by the...

Republican Wyoming Senator Cynthia Lummis — widely known for her pro-Bitcoin (CRYPTO: BTC) stances — urged the Republican party to block the renomination of Jay Powell as the chairman of the Federal Reserve over his crypto policies. What Happened: Lummis cited concerns to the...

On Wednesday, U.S. Senator Cynthia Lummis said that stablecoins should be backed by cash and may need to be issued by banks.  In a Senate floor speech focused on the potential development of a U.S. central bank digital currency (CBDC), Lummis said her concern is that stablecoins are...

Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) are trading lower Thursday morning as crypto regulation uncertainty persists and the Ethereum network prepares for its transition to "Ethereum 2.0." Following the introduction of a bipartisan infrastructure bill that would...

A member of the U.S. Senate made purchases of two of the most well-known Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) trusts. What Happened: Sen. Pat Toomey, a Republican from Pennsylvania, purchased stakes in the Bitcoin and Ethereum trusts, according to filings shared by Congresstrading....

The first U.S. senator to ever own Bitcoin (BTC) has been named to a committee overseeing banking and plans to hold conversations with Treasury Secretary Janet Yellen about the positives of the cryptocurrency. What Happened: Cynthia Lummis became the first U.S. senator to own Bitcoin when she was...