• 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

Debate on Post-Quantum Security in Bitcoin Intensifies

chest

A heated discussion erupted among Bitcoin developers regarding the urgency of addressing post-quantum security.

user avatarMaria Fernandez

Crypto Analyst Predicts XRP Price Could Reach $7

chest

Crypto analyst Diana predicts XRP price could rally to $7, indicating a 450% gain based on technical setups.

user avatarGustavo Mendoza

PayPal Faces Uncertainty After CEO Exit

chest

PayPal's stock is experiencing a significant decline following the departure of its CEO, raising concerns about the company's future.

user avatarDavid Robinson

UBS Reports Significant Profit Growth and Strategic Acquisitions

chest

UBS reported a 53% increase in profits last year and acquired Credit Suisse, strengthening its position in the banking sector.

user avatarMiguel Rodriguez

UBS Group AG Expands into Tokenized Services and Crypto Access

chest

UBS Group AG is developing tokenized services and crypto access for clients, as confirmed by CEO Sergio Ermotti during the Q4 earnings call.

user avatarRajesh Kumar

Senate Democrats to Hold Meeting on Crypto Market Structure Amid Legislative Delays

chest

Senate Democrats are set to hold a closed-door meeting to discuss the crypto market structure amid ongoing legislative delays.

user avatarArif Mukhtar

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.