Browsing: Cynthia Lummis

The cryptocurrency industry is experiencing a surge in political influence, with key allies emerging across party lines in Washington, D.C. This article examines the industry’s growing power and its implications for future regulation.

Senator Cynthia Lummis has reintroduced the “Bitcoin Act” to the US Congress, aiming to establish a strategic Bitcoin reserve, mirroring the US’s gold reserves.

The former president’s proposal for a strategic crypto reserve has elicited mixed reactions within the cryptocurrency world, with some welcoming the move while others express reservations about the inclusion of assets beyond bitcoin.

The summit signals a shift in the administration’s approach to cryptocurrency.

President Donald Trump has directed the creation of a working group to explore the establishment of a U.S. cryptocurrency stockpile, potentially using seized assets.

Former President Donald Trump has directed a working group to examine the feasibility of a U.S. strategic reserve derived from cryptocurrencies, sparking debate among market participants and policymakers.