13 stories tagged #Cynthia Lummis

  1. Lummis Defends CLARITY Act as Strongest Protection for DeFi Developers
    crypto

    Lummis Defends CLARITY Act as Strongest Protection for DeFi Developers

    Senator Cynthia Lummis asserts the revised CLARITY Act offers unprecedented legal safeguards for decentralized finance developers despite industry skepticism.

    2mo ago 1 min read
  2. White House, Lawmakers Near CLARITY Act Deal on Stablecoin Yields
    crypto

    White House, Lawmakers Near CLARITY Act Deal on Stablecoin Yields

    Key senators secure agreement to ban stablecoin yield on passive balances, preventing bank deposit flight. Deal expected within days.

    2mo ago 1 min read
  3. Senate Crypto Bill Faces April Vote, May Deadline to Avoid Midterm Stall
    crypto

    Senate Crypto Bill Faces April Vote, May Deadline to Avoid Midterm Stall

    Senate Republicans target April markup for the Clarity Act with a May 21 deadline to legalize crypto activities. Bipartisan hurdles persist over stablecoin yield and DeFi provisions.

    2mo ago 1 min read
  4. Bitcoin Tax Relief Push: BPI Targets August, Warns of Narrowing Window
    crypto

    Bitcoin Tax Relief Push: BPI Targets August, Warns of Narrowing Window

    Industry advocates push for Bitcoin de minimis tax exemption in US Congress, warning legislative opportunities are diminishing.

    2mo ago 1 min read
  5. Kraken's Fed Account: Senator Lummis Sees Boost for Bitcoin in Banking
    finance

    Kraken's Fed Account: Senator Lummis Sees Boost for Bitcoin in Banking

    Senator Cynthia Lummis believes Kraken's access to a Federal Reserve master account is a significant step towards mainstream Bitcoin adoption and the integration of digital assets into traditional banking.

    3mo ago 1 min read