Tag Archives: Cynthia Lummis

VanEck has predicted that the United States could reduce its national debt by $21 trillion in the next 24 years. The firm’s analysts believe that this could be achieved by creating a one million Bitcoin reserve over the next five years. VanEck’s Estimate According to the asset management company, a U.S. BTC reserve could slash the national debt if the crypto’s price increases to $21 million by 2049. This would represent around 18% of the total U.S. debt at that time. “If the...

Während der Vorschlag in den USA noch diskutiert wird, haben einige Länder bereits Tatsachen geschaffen. El Salvador hält derzeit 5’942 Bitcoins und setzt damit ein starkes Zeichen für die Integration von Bitcoin in staatliche Finanzstrategien. Das Königreich Bhutan überrascht mit einer noch größeren Reserve von 13’000 Bitcoins. Beide Staaten zeigen, dass selbst kleine Volkswirtschaften durch strategische Bitcoin-Investitionen globale Aufmerksamkeit erlangen können. Zeit, um in Bitcoin zu...

CoinspeakerSenator Lummis Challenges Government’s Stance on Crypto As the US continues to intensify its crackdown on the crypto industry, Senator Cynthia Lummis remains a vocal advocate for the asset class calling for clear regulatory guidelines to be established for the crypto industry. Senator Lummis Challenges Government’s Stance on Crypto

Cynthia Lummis – the republican senator of Wyoming – has proven herself to be a major bitcoin bull. During the recent Miami Bitcoin Conference, Lummis made an appearance and commented that bitcoin and cryptocurrencies could help clean up the environment. Cynthia Lummis on the Power of Crypto She explained: One of the advantages of bitcoin mining is that when you drill an oil and gas well, and it is distant from other oil and gas wells, you vent the gas into the...

The federal government is looking to regulate crypto mining in the United States, and Wyoming Senator Cynthia Lummis isn’t happy about that. Cynthia Lummis Wants to Leave Crypto Mining Alone Since entering Congress in early 2021, Lummis (a republican) has widely been labeled as a friend to crypto given she’s invested in bitcoin before. She’s also developed a new bill that would carve out rules and regulations for establishing all future crypto bills in the U.S. in the...

Republican Senator of Wyoming Cynthia Lummis says what happened with FTX is exactly why Congress needs to begin paying attention to cryptocurrency. She cited the bipartisan bill she established in early 2022 with New York congresswoman Kirsten Gillibrand (a democrat from New York) and said U.S. regulators need to give the bill their full attention so that what happened with the exchange can never happen again. Cynthia Lummis on the Future of Crypto in Congress Lummis is...

Senators Pat Toomey and Cynthia Lummis should sound familiar to most crypto fans out there. They are both Republicans from the states of Pennsylvania and Wyoming respectively, and they are both doing all they can to raise awareness regarding crypto in America. They both sit on the Senate Banking Committee and are some of the only members of Congress who own crypto. Some Members of Congress Are Very Excited About Crypto At the time of writing, it is estimated that Lummis...

Several members of the United States Congress are working together to propose an amendment to the new infrastructure bill that would better describe what crypto brokers are and lessen some of the tax burdens the bill is set to place on cryptocurrency investors. Will the Infrastructure Bill Change? The amendment is a bipartisan move coming by way of Senators Ron Wyden of Oregon (democrat) Cynthia Lummis of Wyoming (republican), and Pat Toomey of Pennsylvania (republican)....

Senator Cynthia Lummis – a Republican of the state of Wyoming – is looking to make it so that individuals can use their retirement accounts to invest in bitcoin and other cryptocurrencies. Cynthia Lummis: Crypto Would Be Perfect for Diversification Lummis was first elected to Congress in late 2020. Beginning her term in January of this year, Lummis has always been a major cryptocurrency advocate. She has admitted to investing in digital currencies herself in the past and...

Wyoming Senator Cynthia Lummis is a huge fan of Elon Musk, the South African entrepreneur behind SpaceX and electric car company Tesla. She’s now asking him to move to her state given that it allegedly boasts the best cryptocurrency laws, and she is confident he can do a lot for the digital asset space.Cynthia Lummis Wants Elon Musk to Work in WyomingElon Musk, while describing himself as “late to the party” in a recent tweet, is undoubtedly a bitcoin bull at this point, having recently...