• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Lummis: Bitcoin Regulation for US Financial System Growth

user avatar

by Giorgi Kostiuk

a year ago


US Senator Cynthia Lummis expressed her confidence in the potential of Bitcoin and other virtual currencies to transform the American financial system.

Prospects for Cryptocurrencies in the US

Cynthia Lummis actively supports Bitcoin and aims to integrate it into the US financial systems. She expressed this position on the X platform after discussions with tech expert David Bailey, highlighting Bitcoin's potential to change the US financial landscape.

Crypto Market Developments and Immediate Measures

Lummis is confident in the bright future of cryptocurrencies in the US and continues to work on improving regulations, which would strengthen the nation's position in blockchain technology and virtual money. She has opposed the actions of the FDIC under "Operation Choke Point 2.0."

Industry Leaders' Optimism

CEO of the Singapore-based crypto platform Kris Marszalek noted investments in developing the platform's capabilities. Meanwhile, Wall Street hopes for policies that will speed up cryptocurrency adoption and provide regulatory clarity.

Senator Lummis and industry leaders are confident about the future potential of cryptocurrencies in the US and strive to improve conditions and policies for their integration into the national economy.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Bernstein Analysts Recommend Buying BYD Stock

chest

Bernstein analysts recommend buying BYD stock, highlighting the undervalued battery business and potential for growth.

user avatarMaya Lundqvist

US Marshals Confirm 5755 BTC from Samourai Wallet Will Not Be Sold

chest

The US Marshals Service has denied reports of selling 5755 BTC forfeited by Samourai Wallet developers, confirming the assets will remain in the Strategic Bitcoin Reserve.

user avatarLeo van der Veen

NAP Hash Offers Cloud Mining Solutions Amid Market Uncertainty

chest

NAP Hash offers cloud mining services that enable users to earn passive income while managing market volatility.

user avatarLi Weicheng

Zero Knowledge Proof (ZKP) Emerges as a Game-Changer in Data Sovereignty

chest

Experts predict a significant price explosion for ZKP as it addresses data ownership issues.

user avatarAisha Farooq

New Regulations Provide Clarity for Crypto Payroll Practices

chest

New legislation in the US and Europe is establishing clearer guidelines for the use of digital assets in payroll.

user avatarTenzin Dorje

China's Economic Challenges Persist Amid Tech Boom

chest

China's overall economic outlook remains bleak despite a surge in tech stocks, with shrinking investments and weak consumer spending.

user avatarBayarjavkhlan Ganbaatar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.