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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.
The US Senate Goes to War Over Crypto Taxation
With two competing amendments and pressure from the White House and Treasury, crypto taxation is suddenly the crux of the massive infrastructure bill.
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.
Crypto Tax Exemptions Floated for $1T US Senate Bill
The carve-out would allow for miners, developers and node operators to be exempt from broker tax reporting purposes.
How Controversial Crypto Tax Found Its Way Into US Infrastructure Bill
The crypto provision in the U.S. infrastructure bill was one of a handful of issues that nearly delayed the entire package.
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.
US Senators Ask Team USA to Boycott China’s Digital Yuan at 2022 Olympics
“We cannot allow America’s athletes to be used as a Trojan horse to increase the Chinese Communist Party’s ability to spy on the United States,” said Sen. Cynthia Lummis.
Distributed Ledgers Included in Tech Bill Passed by US Senate
The bill gives a nod toward blockchain and now moves to the House.
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.
Senator Lummis’ Financial Innovation Caucus to Launch Tuesday
“We have to do a great deal more” to clarify the U.S. cryptocurrency regulatory framework, Wyoming's Cynthia Lummis said.
