Latest News and Articles about Senator Cynthia Lummis
Senator Lummis and Jack Dorsey Drive Bitcoin Tax Exemption Bill for Small Transactions
Working on It: Senator Lummis and Jack Dorsey Push for Bitcoin Tax Exemption Senator Cynthia Lummis (R-WY) is crafting a game-changing bill to exempt small Bitcoin transactions from capital gains taxes, spurred by a public push from Jack Dorsey, the Bitcoin advocate and founder of Block. This move could make Bitcoin a practical tool for […]
Read MoreSenator Cynthia Lummis Proposes U.S. Bitcoin Strategic Reserve to Lead in Digital Currency
Senator Cynthia Lummis Proposes U.S. Bitcoin Strategic Reserve Senator Cynthia Lummis, a staunch advocate for Bitcoin in the U.S. Senate, has introduced a revolutionary proposal to establish a Bitcoin Strategic Reserve for the country. This initiative aims to make the U.S. a leader in the digital currency realm, signaling a shift towards incorporating cryptocurrencies into […]
Read MoreJapan Weighs Bitcoin as Reserve Currency Amidst Stability Concerns
Japanese Government’s Cautious Stance on Bitcoin as a Reserve Currency In a world where opinions on Bitcoin span from enthusiastic to skeptical, the Japanese government remains cautious, prioritizing stability over potential instability caused by Bitcoin’s infamous volatility. Despite calls from Satoshi Hamada, a notable political figure, for Japan to consider Bitcoin reserves, Prime Minister Shigeru […]
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