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The Latest Breaking News from Cynthia Lummis

Cynthia Lummis Says Publishing US GDP Data On Blockchain Is A 'Historic Move' — Thanks Trump, Lutnick For Leadership

Cryptocurrency supporters hailed on Thursday the U.S. government's move to post GDP numbers on several blockchain platforms.

Benzinga

Cynthia Lummis Backs Scott Bessent's 'Commitment' To Build Bitcoin Reserve Without Burdening US Taxpayers — 'I Have A Bill For That'

Sen. Cynthia Lummis (R-Wyo.) on Thursday backed a “budget-neutral approach” to building a Strategic Bitcoin (CRYPTO: BTC) Reserve, opposing the idea of purchasing additional BTC to address the mounting national debt.

Benzinga

Trump Greenlights Bitcoin In $40 Trillion 401(k)s: Peter Schiff Calls It A 'Gamble' With Retirement Savings — What Others Said

President Donald Trump signed executive orders on Thursday allowing cryptocurrency investments in 401(k) retirement plans, potentially opening $40 trillion in retirement savings to digital assets like Bitcoin (CRYPTO: BTC).

Benzinga

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Republicans slam Trump’s firing of Bureau of Labor Statistics chief

President claimed that recently released figures showing jobs slowdown were ‘rigged’ to make him look bad

The Guardian - US

Cynthia Lummis Releases Draft Bill That Aims To Make US Global Crypto Capital, Says She Won't 'Allow' Regulatory Confusion To Continue

Republican Senators released a discussion draft for the cryptocurrency market structure legislation on Tuesday, building on the recent passage of the CLARITY Act in the House of Representatives.

Benzinga

Cynthia Lummis Raises Alarm Over Reports Of 80% Drop In US Bitcoin Reserves: Analyst Says 'Nothing Conclusive' Until Official Word Comes

Pro-cryptocurrency Senator Cynthia Lummis (R-Wyo.) expressed concern Wednesday over reports suggesting a massive reduction in the Bitcoin (CRYPTO: BTC) held by the U.S.

Benzinga

Crypto Tax Loopholes Closing? A Look Inside 'Bitcoin Senator' Lummis' New Bill

Senator Cynthia Lummis (R-WY) has introduced a sweeping digital asset tax reform bill aimed at modernizing how cryptocurrencies are taxed in the United States, renewing her efforts to ease regulatory burdens on digital asset users.

Benzinga

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Trump's Crypto Advisor David Sacks Says July Will Be A 'Big Month' — Says President Supports Legislation On Market Structure And Stablecoins

President Donald Trump's crypto and AI advisor, David Sacks, praised on Thursday the Senate’s timeline and plan for crypto legislation that proposes dividing oversight of digital assets between market regulators.

Benzinga

AI companies could soon be protected from most lawsuits under new GOP bill

Bill aims to ensure professionals such as doctors, lawyers, financial advisers, engineers who use AI programs retain legal liability if their work contains errors

The Independent UK

Digital assets bill reclaims spotlight as reconciliation work goes on backstage - Roll Call

Senate floor debate on a bipartisan stablecoins bill is expected this week as Senate Republicans work on changes to the reconciliation bill.

Roll Call

Bitcoin Champion Sen Cynthia Lummis Cancels Meeting With Ripple CEO, $XRP Tumbles

Sen. Lummis, known for advocating for a strategic Bitcoin reserve, has canceled a meeting with Ripple CEO Brad Garlinghouse, triggering divided comments from the crypto community on X.

International Business Times

Trump pal Roger Stone calls for Mark Kelly’s ‘execution’ after senator slams president’s crypto haul from White House

Roger Stone, a longtime Republican strategist and Trump loyalist, accused Senator Mark Kelly of ‘treason’ for backing a law aimed at ending a crypto conflict of interest in the White House

The Independent UK

Senate stablecoin bill trips on cloture vote - Roll Call

Democrats turned against a Senate stablecoin bill Thursday that some had supported in committee, leaving it short of votes needed to advance.

Roll Call

Republican Sen. Warns About Trump White House Tour With Holders Of His Memecoin: 'This Gives Me Pause'

Sen. Cynthia Lummis expressed concern about Donald Trump's White House tour with top holders of his memecoin

Latin Times

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International Business Times

Wyoming Formally Moves To Launch What Could Be The First State-Issued Stable Token

Wyoming has made the first formal move toward issuing what could be the country's first state-issued stable token, which will be fully backed by U.S. Treasuries, cash, and repurchase agreements.

Investors Business Daily

Why This Pro-Bitcoin Senator Doesn't Think Trump's Bitcoin Strategic Reserve Will Happen Soon.

Optimism around President Trump's bitcoin strategic reserve continues, even if the mechanics remain undecided.

Al Jazeera

Trump announces US crypto reserve: What it is, and why it matters

The announcement over the weekend sent crypto markets into an upwards frenzy following a recent weeks-long slump.

International Business Times

Stablecoins First Over Other Crypto Agenda: Senate Hearing On Digital Assets Triggers Frustration

Stablecoins took the spotlight during Wednesday's Senate Banking Committee hearing on digital assets, with Sen. Lummis noting that stablecoins will come first in terms of legislation.

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International Business Times

Bitcoin Reserve Or Broken Promise? Crypto Community Divided As YouTuber Calls Trump's Pledge A 'Scam'

Some Bitcoiners are losing patience over the wait for a U.S. strategic Bitcoin reserve, while others are worried it was a "scam." Meanwhile, some $BTC holders believe they should just "trust the process" since a Bitcoin reserve will most likely take time to be established.

Investors Business Daily

Bitcoin Sinks, MicroStrategy Dives As Initial Trump Euphoria Fades

The bitcoin price and MicroStrategy dived as the Trump election rally faded after a big heist and amid policy uncertainty.

Fortune

Trump created the first ever U.S. sovereign wealth fund: Will it include Bitcoin?

Wyoming Sen. Cynthia Lummis sparked excitement by calling the move a “₿ig deal.”

Reason

CBDCs Banned

Plus: Crime prevention, JFK assassination files, and more...

International Business Times

SEC Rescinds Contentious SAB 121 That Discouraged Banks From Providing Bitcoin Custody Services

The SEC, without ex-Chair Gary Gensler, has repealed SAB 121, a contentious bulletin that was deemed burdensome for banks and other traditional financial institutions who want to provide crypto custody services.

Investors Business Daily

Bitcoin Reserve Advocate Lands Appointment. BlackRock CEO Lobbies For Crypto.

Sen. Cynthia Lummis was voted to lead a new subcommittee on digital assets. BlackRock, MARA execs lobby for crypto.

International Business Times

Expert's Take: Trump To Take 'Less Prosecutorial' Stance On Crypto, 2025 Outlook With Taraxa Co-founder

The crypto industry is on the verge of what could be a significant change as Donald Trump takes the White House for the second time – will his regime trigger a positive resolution?

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