• 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

Concerns Rise Over Cryptocurrency Presale Tokens Losing Value

chest

Investors express concerns about the potential for presale tokens to lose all value due to a lack of primary data and regulatory input.

user avatarBayarjavkhlan Ganbaatar

Victim of 50 Million USDT Scam Offers Reward for Recovery

chest

Victim of a scam offers a reward for the recovery of nearly 50 million USDT lost to fraud.

user avatarMohamed Farouk

Mutuum Finance Prepares for Phase 7 with Strong Demand

chest

Mutuum Finance is nearing a sell-out in Phase 6 of its presale, with plans to increase token value in Phase 7. The demand for MUTM tokens indicates strong investor confidence and potential for future growth.

user avatarElias Mukuru

Abu Dhabi Emerges as a Key Hub for Bitcoin Investment

chest

Abu Dhabi is becoming a central hub for regulated Bitcoin investment due to its strong regulatory framework.

user avatarKenji Takahashi

Wealthy Gulf Investors Significantly Boost Bitcoin Liquidity

chest

Wealthy Gulf investors are significantly increasing Bitcoin liquidity through regulated investments, primarily via spot ETFs, reshaping the market for more stable trading conditions.

user avatarDiego Alvarez

Lawsuit Filed Against Jump Trading Over Terraform Labs Collapse

chest

A court-appointed administrator has filed a lawsuit against Jump Trading, alleging unjust enrichment and a key role in the Terra ecosystem's collapse.

user avatarGustavo Mendoza

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.