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The Latest Breaking News from Cynthia Lummis

Crypto Tax Loopholes Closing? A Look Inside 'Bitcoin Senator' Lummis' New Bill

Senator Cynthia Lummis (R-WY) has introduced a sweeping digital asset tax reform bill aimed at modernizing how cryptocurrencies are taxed in the United States, renewing her efforts to ease regulatory burdens on digital asset users.

Benzinga

Trump's Crypto Advisor David Sacks Says July Will Be A 'Big Month' — Says President Supports Legislation On Market Structure And Stablecoins

President Donald Trump's crypto and AI advisor, David Sacks, praised on Thursday the Senate’s timeline and plan for crypto legislation that proposes dividing oversight of digital assets between market regulators.

Benzinga

'Bitcoin Senator' Cynthia Lummis Lauds White House's 'Real Enthusiasm' For Crypto Legislation

Senator Cynthia Lummis (R-Wyo.) has expressed optimism that the White House is actively supportive of passing major crypto legislation as soon as July.

Benzinga

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AI companies could soon be protected from most lawsuits under new GOP bill

Bill aims to ensure professionals such as doctors, lawyers, financial advisers, engineers who use AI programs retain legal liability if their work contains errors

The Independent UK

Digital assets bill reclaims spotlight as reconciliation work goes on backstage - Roll Call

Senate floor debate on a bipartisan stablecoins bill is expected this week as Senate Republicans work on changes to the reconciliation bill.

Roll Call

Bitcoin Champion Sen Cynthia Lummis Cancels Meeting With Ripple CEO, $XRP Tumbles

Sen. Lummis, known for advocating for a strategic Bitcoin reserve, has canceled a meeting with Ripple CEO Brad Garlinghouse, triggering divided comments from the crypto community on X.

International Business Times

Trump pal Roger Stone calls for Mark Kelly’s ‘execution’ after senator slams president’s crypto haul from White House

Roger Stone, a longtime Republican strategist and Trump loyalist, accused Senator Mark Kelly of ‘treason’ for backing a law aimed at ending a crypto conflict of interest in the White House

The Independent UK

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Senate stablecoin bill trips on cloture vote - Roll Call

Democrats turned against a Senate stablecoin bill Thursday that some had supported in committee, leaving it short of votes needed to advance.

Roll Call

Republican Sen. Warns About Trump White House Tour With Holders Of His Memecoin: 'This Gives Me Pause'

Sen. Cynthia Lummis expressed concern about Donald Trump's White House tour with top holders of his memecoin

Latin Times

Wyoming Formally Moves To Launch What Could Be The First State-Issued Stable Token

Wyoming has made the first formal move toward issuing what could be the country's first state-issued stable token, which will be fully backed by U.S. Treasuries, cash, and repurchase agreements.

International Business Times

Trump announces US crypto reserve: What it is, and why it matters

The announcement over the weekend sent crypto markets into an upwards frenzy following a recent weeks-long slump.

Al Jazeera

Stablecoins First Over Other Crypto Agenda: Senate Hearing On Digital Assets Triggers Frustration

Stablecoins took the spotlight during Wednesday's Senate Banking Committee hearing on digital assets, with Sen. Lummis noting that stablecoins will come first in terms of legislation.

International Business Times

Bitcoin Reserve Or Broken Promise? Crypto Community Divided As YouTuber Calls Trump's Pledge A 'Scam'

Some Bitcoiners are losing patience over the wait for a U.S. strategic Bitcoin reserve, while others are worried it was a "scam." Meanwhile, some $BTC holders believe they should just "trust the process" since a Bitcoin reserve will most likely take time to be established.

International Business Times

Trump created the first ever U.S. sovereign wealth fund: Will it include Bitcoin?

Wyoming Sen. Cynthia Lummis sparked excitement by calling the move a “₿ig deal.”

Fortune

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Reason

CBDCs Banned

Plus: Crime prevention, JFK assassination files, and more...

International Business Times

SEC Rescinds Contentious SAB 121 That Discouraged Banks From Providing Bitcoin Custody Services

The SEC, without ex-Chair Gary Gensler, has repealed SAB 121, a contentious bulletin that was deemed burdensome for banks and other traditional financial institutions who want to provide crypto custody services.

International Business Times

Expert's Take: Trump To Take 'Less Prosecutorial' Stance On Crypto, 2025 Outlook With Taraxa Co-founder

The crypto industry is on the verge of what could be a significant change as Donald Trump takes the White House for the second time – will his regime trigger a positive resolution?

International Business Times

Trump Ally Threatens Action If FDIC's Alleged 'Destruction' Of Crypto Choke Point Documents Proven

Sen. Cynthia Lummis said the FDIC has been accused of destroying materials related to Operation Choke Point 2.0, an alleged initiative by the Biden administration in coordination with regulators to block banks' engagement with digital assets.

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International Business Times

Bitcoin Rebounds On Report Of Trump's Day 1 Pro-Crypto Executive Order

Bitcoin climbed above $97,000 Tuesday night amid a report that Donald Trump will sign an executive order on Day 1 that should benefit the crypto space.

Top News

Senate Republicans Discuss Trump's Strategic Interests In Panama Canal, Greenland

Senate Republicans express support for Trump's strategic interests in Panama Canal, Greenland, and Canada, citing national security concerns and geopolitic...

Al Jazeera

Governments and banks once mocked Bitcoin. Now they want in on it

After topping $100,000, Bitcoin supporters see the cryptocurrency soaring even higher.

International Business Times

Next Senate Banking Committee Chair Sees Crypto As A Potential Catalyst For Financial Democracy

Sen. Tim Scott will lead the Senate Banking Committee in 2025, and he has promised to champion change for the crypto industry, particularly on policies that stifle innovation at home turf.

International Business Times

$BTC Hits $108,000 As Experts Clash Over US Bitcoin Strategic Reserve

Bitcoin once again hit another price record Tuesday night amid optimism over a U.S. $BTC reserve, but not everyone is convinced a Bitcoin fund will work – what are the experts saying?

Fortune

Bitcoin reaches new all-time high of $107,000 after Trump confirms plans for Bitcoin reserve

The currency surged after Trump promised to “do something great with crypto.”

Roll Call

Bill naming bald eagle national bird on way to White House - Roll Call

The bald eagle is the set to be the national bird of the United States after the House on Monday cleared a bill to make that official.

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