• 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

Capitulation Signal in Memecoin Market

chest

Santiment reports that the memecoin sector is showing signs of capitulation, indicating a potential turning point.

user avatarJesper Sørensen

Memecoins Experience Significant Market Decline

chest

The memecoin market has seen a sharp decline, with a total market capitalization drop of 34% over the past month.

user avatarRajesh Kumar

Experts Urge Action on Quantum Threats to Bitcoin Security

chest

Experts discuss the urgency of addressing quantum computing risks to Bitcoin's security.

user avatarLucas Weissmann

Tensions Rise Between Bitcoin Holders and Developers Over Quantum Threats

chest

Tensions are rising between significant Bitcoin holders and developers over concerns regarding quantum threats to the network, with potential shifts towards a more centralized development approach.

user avatarFilippo Romano

Mixed Performance in Bitcoin Spot ETFs Amid Ongoing Market Challenges

chest

Mixed performance in Bitcoin Spot ETFs as some funds attract inflows while others face outflows amid market challenges.

user avatarEmily Carter

US Bitcoin Spot ETFs Experience Major Capital Flight Amid Price Struggles

chest

US Bitcoin Spot ETFs experienced significant capital flight with net outflows of $35.991 million in the second week of February, reflecting cautious sentiment among institutional investors amid price struggles.

user avatarTomas Novak

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.