The Latest Breaking News from Cynthia Lummis

Why Bitcoin's Institutionalization Is 'A Concern'

Bitcoin's (CRYPTO: BTC) transition from a decentralized digital asset to one dominated by institutional players has introduced a new set of risks.

Benzinga · Dec 2, 2024

Donald Trump To Establish A National Bitcoin Reserve? Pros Vs Cons Compared

President-elect Donald Trump is considering a proposal to establish a national Bitcoin reserve, a move that could intertwine cryptocurrency with U.S. fiscal strategy.

Benzinga · Nov 27, 2024

In US First, Pennsylvania Lawmaker Introduces State Bitcoin Strategic Reserve Act

Pennsylvania Rep. Mike Cabell introduced the Pennsylvania Bitcoin Strategic Reserve Act, which will allow the state's treasury to invest up to 10% of the state's $7 billion fund into $BTC, utilizing the cryptocurrency as a hedge against inflation.

International Business Times · Nov 15, 2024

Bitcoin Can 'Wipe Out' Debt? Trump Says US Should Be World's $BTC Leader

Donald Trump has once again pumped the Bitcoin community as he said the world's top digital asset can be used to help pay off U.S. debt – some Bitcoiners are displeased with the idea that $BTC will be used for the government's debt-paying activities.

International Business Times · Aug 5, 2024

Senate swoops in, centuries late, to name bald eagle national bird - Roll Call

The Senate passed a bill to designate the bald eagle as the national bird after research showed it had never been officially chosen.

Roll Call · Aug 5, 2024

Bitcoin 2024 Key Takeaways: $BTC-Centric Executive Orders, Strategic Reserve Bill, Firing Gensler

Bitcoin 2024 in Nashville has ended, but talks around the massive announcements during the conferences continue, especially with promises made by two presidential candidates, as well as a potential bill to make $BTC a U.S. strategic reserve asset.

International Business Times · Jul 29, 2024

Bitcoin As A Reserve Asset Is 'Possible' But Difficult To Pull Off: Expert

Bitcoin has been called many things – the future of money, the catalyst of a financial revolution, and a hedge against inflation, but in recent days, it has been floated as a potential strategic reserve asset for the U.S.

International Business Times · Jul 23, 2024

After House, Senate Votes To Revoke Contentious SEC Crypto Custody Bulletin

The Senate has followed suit after House members voted in favor of Rep. Flood's resolution revoking SAB 121, which has been at the center of criticism from the crypto industry.

International Business Times · May 17, 2024

Senator Blasts DOJ's Stance Over Self-Custody Crypto Wallets

Sen. Lummis, who has called for regulations that do not stunt innovations in the crypto space, on Wednesday called out the Biden administration for criminalizing the "core tenants of the Bitcoin network."

International Business Times · May 2, 2024

Senate looks to clear aid bill Tuesday night with no amendments - Roll Call

Senate leaders decided to power through opponents' speechifying in hopes of clearing aid for Ukraine, Israel and Taiwan by Tuesday night.

Roll Call · Apr 23, 2024