“Most cryptocurrencies go to the SEC […] Bitcoin and Ether would be certainly commodities, and that’s agreed upon,” said U.S. Senator Kirsten Gillibrand. 2081 Total views 8 Total shares United States Senators Kirsten Gillibrand and Cyntia Lummis believe that most altcoins would likely be considered securities under their proposed new legislation, but they confirmed that Bitcoin […]
Senator Hassan wants federal agencies to take more action while Senator Lummis is more concerned with stifling innovation. 654 Total views 11 Total shares Some U.S. Senators are ramping up the anti-crypto rhetoric again, urging federal agencies to take action against the illicit use of digital assets. Democrat Senator Maggie Hassan is the latest to […]
Senate talks regarding the controversial crypto provisions to the U.S. infrastructure bill have ended without amendment, suggesting the original bill will be voted on come Tuesday. 6410 Total views 217 Total shares The provisions aim to raise $28 billion for infrastructure funding through expanded digital asset taxation, and will impose broad third-party reporting requirements on […]
The crypto community is rallying against an amendment to the U.S. infrastructure plan that would maintain strict reporting requirements for developers and validators while exempting miners. 10944 Total views 71 Total shares The crypto community is pushing back against amendments to the crypto provisions of the White House’s infrastructure plan — which seeks to raise […]
Senator Cynthia Lummis wants to see crypto-assets become a normal part of the diversified asset allocations in U.S. citizens’ retirement plans. 1834 Total views 7 Total shares U.S. Senator and Bitcoin proponent, Cynthia Lummis, would like to see U.S. residents turn to Bitcoin as part of a diversified strategy for their retirement plans. Speaking during […]
Saying the state has “the best laws for digital assets” in the United States, Senator Lummis asked the Tesla CEO if he would consider relocating. 2790 Total views 24 Total shares Following Tesla’s groundbreaking Bitcoin announcement, pro-crypto Senator Cynthia Lummis set out the welcome mat for Elon Musk in her home state of Wyoming. Taking […]
Wyoming’s Cynthia Lummis – the first U.S. senator to publicly hold bitcoin – has been appointed to the key financial regulatory committee.
For much of 2020, it wasn’t exactly a hard year to be a cheerleader for cryptocurrency. Emerging from a brutal macro bear market, the space once again proved doubters wrong and attracted a new batch of converts as money-printing efforts across the globe turned savers and traders onto the power of hard currency. After a […]