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Bitcoin As A Reserve Asset? Senator Cynthia Lummis Fuels Speculation
Friday, July 26, 2024 - 4:28pm | 543Republican Senator Cynthia Lummis, a staunch supporter of cryptocurrency, recently grabbed the crypto community’s attention with a cryptic post. On Monday, she posted on X, "₿ig things are in store this week. Stay tuned!" The use of the Bitcoin symbol ignited speculation about potential...
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Wyoming Senator Criticizes Proposed Bitcoin Mining Tax, Stresses Potential Consequences
Thursday, July 25, 2024 - 5:03pm | 614Senator Cynthia Lummis (R-Wyo.) has strongly opposed the Biden administration’s proposal to impose a 30% tax on Bitcoin mining operations, calling it a “blatant attack” on innovation and American excellence. Her remarks come amid growing regulatory scrutiny of the digital asset...