Latest News and Articles about Cynthia Lummis
Czech National Bank Considers Bitcoin Reserves, Lummis Pushes U.S. Action
Czech Point: Prague Central Bank Eyes Bitcoin, Lummis Urges U.S. Action The global financial landscape is witnessing a shift as countries like the Czech Republic and El Salvador explore Bitcoin as a reserve asset. Meanwhile, U.S. Senator Cynthia Lummis advocates for a Strategic Bitcoin Reserve to keep America competitive in the digital finance race. Czech […]
Read MoreSenator Lummis Backs Coinbase, Urges Clear Crypto Laws Amid SEC Clash
Coinbase vs. SEC: Senator Cynthia Lummis Advocates for Clear Crypto Regulation Amid Legal Battle Senator Cynthia Lummis has taken a strong stand in support of Coinbase, criticizing the U.S. Securities and Exchange Commission (SEC) for regulatory overreach and advocating for Congressional oversight in digital asset regulation. Lummis files amicus brief supporting Coinbase Criticism of SEC’s […]
Read MoreMassachusetts Joins Eight States Proposing Bitcoin Reserve Law
Massachusetts Leads the Charge: Eighth State to Propose Bitcoin Reserve Law In a move that could reshape the financial landscape, Massachusetts has become the eighth U.S. state to propose a Bitcoin reserve law, joining a growing trend of states recognizing cryptocurrency as a potential state asset. Eighth state to propose Bitcoin reserve law Bill introduced […]
Read MoreNew Hampshire Proposes Bitcoin in State Reserves: A Crypto Leap Forward
New Hampshire’s Bitcoin Reserve Proposal: A Bold Leap into Crypto New Hampshire’s state treasury might soon include Bitcoin in its reserves, thanks to a bill proposed by Representative Keith Ammon. This initiative reflects a growing trend towards recognizing cryptocurrencies as viable financial instruments, with support from notable figures like Donald Trump and Senator Cynthia Lummis. […]
Read MoreFed Slams Bitcoin Reserve as “Dumbest Idea,” Yet Political Backing Surges
Fed Calls Bitcoin Reserve Plan “Dumbest Idea Ever,” Yet Political Support Grows Last week, in a Federal Reserve boardroom, the notion of a US Strategic Bitcoin Reserve was met with sharp criticism, with officials branding it “the dumbest idea” they’ve ever heard. However, political momentum behind the idea continues to build, with figures like
Read MoreCould Trump Bypass the Fed to Establish a U.S. Bitcoin Reserve?
As Bitcoin faces skepticism from the Federal Reserve, could a bold move from Donald Trump change the narrative? Federal Reserve Chairman Jerome Powell remains resolute in his stance, declaring that “The Fed is not the place for Bitcoin.” His blunt remarks sent Bitcoin’s market value plummeting by 7.5%, rattling investors and casting doubt on the […]
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