2,200 letters of support for Bitcoin Strategic Reserve bill sent to US senators

Senator Cynthia Lummis introduced the bill on July 31, which would direct the US government to start a reserve Bitcoin fund.

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Senator Cynthia Lummis Announces Bill for US To Buy 1 Million Bitcoin

Senator Cynthia Lummis announced legislation directing the U.S. government to acquire 1 million Bitcoin worth over $68 billion. Lummis said purchasing Bitcoin as a strategic reserve would stabilize the dollar and counter inflation.

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Sen. Lummis proposes US government purchase 5% of total Bitcoin supply

The pro-crypto Senator introduced the Bitcoin Reserve Bill while declaring, This is the solution, this is the answer, this is our Louisiana purchase moment. Thank you, Bitcoin!

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We have to get rid of the folks who are in the way Senators speak at Bitcoin 2024

The two Republican senators claimed that if their party wins control of the Senate, they will stop the SECs regulation by enforcement.

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Biden misses chance to 'correct' position on crypto Senator Lummis

United States Senator Cynthia Lummis claims that US President Joe Biden doubled down on his administrations failed policies.

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Bitcoin 2025 Releases First Preliminary Agenda Featuring Visionaries from Politics, Finance, and Technology

The first preliminary agenda for Bitcoin 2025, the worlds most influential Bitcoin conference, has just been released. Taking place May 2729 in Las Vegas.

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Ripple CEO Brad Garlinghouse left puzzled after snub by pro-crypto Senator Cynthia Lummis

Ripple CEO Brad Garlinghouse has expressed frustration after a meeting with pro-crypto US Senator Cynthia Lummis, who chairs the Senate’s Digital Assets Subcommittee, was canceled. In a May 19 post on X, Garlinghouse revealed he was in Washington, D.C., for discussions with lawmakers to promote reasonable regulations for stablecoins and crypto market structure. However, Garlinghouse […]

The post Ripple CEO Brad Garlinghouse left puzzled after snub by pro-crypto Senator Cynthia Lummis appeared first on CryptoSlate.

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Sens. Lummis, Wyden oppose Justice Dept. stance on Tornado Cash charges

If the Justice Dept. prevails in the case against the cryptocurrency mixer, internet service providers and the post office may also be liable to transmitter requirements, they said.

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US senators challenge DOJs broad definition of crypto money transmitters

Two US lawmakers have opposed the Department of Justice’s (DOJ) attempt to expand the definition of a money-transmitting business. In a May 9 letter to US Attorney General Merrick Garland, Senators Cynthia Lummis and Ron Wyden argued that the DOJ’s broad interpretation could criminalize non-custodial crypto asset software services. According to the lawmakers: “The DOJ’s unprecedented […]

The post US senators challenge DOJ’s broad definition of crypto money transmitters appeared first on CryptoSlate.

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Canary Capital Files For Staked TRX ETF Approval With The SEC To Maximize Yield

Canary Capital, a U.S.-based asset manager, has filed an application for an exchange-traded fund (ETF) that will hold and stake TRX ,the native token of the Tron blockchain. The ETF aims to offer investors exposure to TRX market prices and produces additional yield by staking tokens. The application was submitted to the U.S. Securities and […]

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US senators propose bipartisan stablecoin bill opening door to FDIC insurance in US

US senators Cynthia Lummis and Kirsten Gillibrand have jointly unveiled bipartisan legislation aimed at creating a clear regulatory framework for payment stablecoins, according to an April 17 statement. Dubbed the Lummis-Gillibrand Payments Stablecoin Act, the proposed law wants to “protect consumers, enable innovation, and promote US dollar dominance while preserving the dual banking system.” Speaking […]

The post US senators propose bipartisan stablecoin bill opening door to FDIC insurance in US appeared first on CryptoSlate.

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US Senator Ted Cruz: ‘I Like BTC for the Same Reason the Chinese Communist Govt Doesn’t Like BTC’

United States Senator Ted Cruz has said he remains “incredibly bullish on bitcoin” which he described as the “alpha in the crypto sphere.” According to Cruz, people are attracted to bitcoin because they see it as a hedge against inflation and also as an “important check” against government spending. Bitcoin Is Still the ‘Most Dominant’

The post US Senator Ted Cruz: ‘I Like BTC for the Same Reason the Chinese Communist Govt Doesn’t Like BTC’ appeared first on BTC Ethereum Crypto Currency Blog.

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Sen. Lummis Boldly Reintroduces Bitcoin Act, Targeting 1 Million BTC Reserve

Sen. Cynthia Lummis reintroduces the Bitcoin Act to create a U.S. Strategic Bitcoin Reserve following President Trump's executive order on digital assets.

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Congressman McHenry announces hearings to address market structure around crypto

Patrick McHenry suggested that the hearings will look to add to the regulatory efforts being done on the bipartisan bill led by Senator Cynthia Lummis and Senator Kirsten Gillibrand.

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US Senator Reveals Why Young Americans are Flocking to Bitcoin

According to Senator Cynthia Lummis, young Americans are trooping to Bitcoin because it is “sound money” instead of fiat. Cynthia Lummis, an American attorney and senator from the state of Wyoming, recently called attention to the growing interest in Bitcoin (BTC) among young Americans. In a recent tweet, Sen. Lummis opined that this trend is […]

The post US Senator Reveals Why Young Americans are Flocking to Bitcoin first appeared on The Crypto Basic.

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Senator Lummis: Ripple Decision Reinforced Need for Congress to Create Regulation for Crypto

Senator Cynthia Lummis says the recent ruling in the Ripple case has further underscored the need for Congress to create a comprehensive crypto regulatory framework. In a recent tweet, Cynthia Lummis, a US Senator from Wyoming, expressed the urgent need for Congress to establish a comprehensive regulatory framework for crypto assets. The catalyst for her call […]

The post Senator Lummis: Ripple Decision Reinforced Need for Congress to Create Regulation for Crypto first appeared on The Crypto Basic.

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Sen. Cynthia Lummis Joins Fight Against Biden’s Crypto Tax

The pro-Bitcoin lawmaker has pledged to stand in the way of the Biden administration's proposal.

Continue reading at DailyCoin.

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US lawmakers argue SEC accounting policy places crypto customers at risk

While the bulletin was intended to provide clarity regarding the accounting treatment for digital assets, it has been criticized by both lawmakers and regulators.

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Decentralized Twitter alternative goes live on Apple’s App Store

The Damus app is powered by Nostr, which uses decentralized relays to distribute end-to-end encrypted messages, and has a powerful backer in Jack Dorsey.

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Crypto’s regulatory fate will be decided in the year ahead

Congress is set to take up a slew of legislative proposals in 2023 that will determine which regulators have chief domain over cryptocurrency.

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