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Senator Lummis confirmed that a draft of the crypto market structure bill will be presented to President Trump ahead of Thanksgiving, pushing back previous deadlines.
Senator Cynthia Lummis has unveiled a separate bill aimed at addressing tax issues related to cryptocurrency activities, originally part of a larger budget proposal.
The Senate moved forward with a key budget legislation, leaving out a crucial amendment on cryptocurrency taxation pushed by Senator Lummis.
Senator Cynthia Lummis aims to reduce tax burdens on small-scale cryptocurrency activities in a new amendment to a major budget legislation.
U.S. Senator Cynthia Lummis predicts that comprehensive crypto regulations will be finalized by the close of 2025, diverging from President Trump's expedited timeline.
The Wyoming Republican expressed her concerns over the Senate Banking Committee's ability to pass new laws amid struggles with the stablecoin bill.
The U.S. Senate's confirmation of Paul Atkins as the SEC Chair marks a significant change in the regulatory landscape for cryptocurrencies, as per Senator Lummis.
The U.S. Marshals Service is reportedly unable to determine its cryptocurrency holdings, raising concerns about its management practices amid a possible national crypto reserve initiative.
The Wyoming Highway Patrol Association is looking into adopting Bitcoin as part of its financial strategy, marking a potential shift in law enforcement's approach to digital currency.
Senator Lummis leads a newly formed Senate Banking Committee panel focusing on digital assets, with significant backing from the crypto sector.
Senator Lummis urges federal agencies to reconsider their actions regarding Bitcoin sales and the handling of digital asset policies as she leads the Senate Banking Committee's efforts.
The Wyoming senator plays a significant role in cryptocurrency advocacy, pushing for the establishment of a Strategic Bitcoin Reserve.
As the U.S. government holds a significant amount of bitcoin, experts weigh in on the complexities of creating a strategic reserve unaffected by Congress.
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