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Cynthia Lummis
Sen. Lummis Presents New Amendment to $1T Infrastructure Bill on Senate Floor
Sen. Cynthia Lummis (R-Wyo.) discusses the compromise amendment to a contentious crypto provision in the $1 trillion infrastructure bill she presents on the Senate floor Monday afternoon. “What we tried to do with this amendment is to remove some of the unintended consequences of the definition of “broker,” Lummis said.
Senators Propose Crypto Tax Exemptions Amendment for $1T Infrastructure Bill
Senators Ron Wyden (D-Ore.), Cynthia Lummis (R-Wyo.), and Pat Toomey (R-Penn.) are proposing an amendment to the $1 trillion bipartisan infrastructure bill that will exempt bitcoin miners and other validators from the crypto tax reporting provision. Kristin Smith, the executive director of the Blockchain Association, discusses the specifics and potential impact of this amendment and what it means for industries outside the crypto world.
US Senators Ask Team USA to Boycott China’s Digital Yuan at 2022 Olympics
As central banks around the world race to establish a CBDC, Republican senators Marsha Blackburn, Cynthia Lummis and Roger Wicker are calling on the U.S. national team to effectively boycott China’s digital currency at the 2022 Winter Olympics in Beijing, citing privacy concerns. “CBDC nationalism could get really ugly,” host Zack Seward said.
Senator Lummis Talks Crypto Regulation, Environmental Standards
Crypto-friendly Senator Cynthia Lummis of Wyoming discusses the need for governmental regulation in the crypto space to encourage responsible innovation. Plus, she shares her thoughts on using renewable energy for bitcoin mining.
FDIC Chief Says Agency Wants to Know More About Digital Assets
The Federal Deposit Insurance Corporation (FDIC), one of the federal banking regulators in the U.S., is looking into how banks are exploring digital currencies. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De on the main takeaways. Plus, reactions to Senator Cynthia Lummis proposing making distributed ledgers a "key focus."
Sen. Cynthia Lummis on Bill to Create First SEC-CFTC Digital Asset Task Force
The U.S. Senate Banking Committee is considering a bill that would create a digital asset working group to ensure collaboration between regulators and the private sector to foster innovation. Pro-bitcoin committee member and Wyoming Senator Cynthia Lummis weighs in on the legislation and how Congress will receive it.
Wyoming Senator Says National Debt Is Debasing the Value of the US Dollar. Is Bitcoin the Solution?
Cynthia Lummis of Wyoming is one of the biggest crypto supporters in the U.S. Senate. She discusses the federal government’s opportunity to harness bitcoin’s power as a store of value, how bitcoin can shed its association with crime and her mission to educate Congress about digital assets.
