• 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

K9 Finance DAO Highlights Impact of September Bridge Exploit on Shibarium

chest

The September bridge exploit on the Shibarium network has significantly impacted K9 Finance DAO, leading to unresolved compensation issues after the theft of approximately 41 million in assets.

user avatarElias Mukuru

K9 Finance DAO Considers Leaving Shibarium Amidst Ongoing Issues

chest

K9 Finance DAO warns of potential abandonment of Shibarium due to unresolved issues from a bridge exploit, setting a deadline for resolution.

user avatarMohamed Farouk

Bitcoin Enters Distribution Phase as Longterm Holders Sell

chest

Longterm Bitcoin holders have triggered rare distribution signals, moving dormant coins back into circulation.

user avatarDiego Alvarez

Walmart Shifts to Nasdaq to Highlight Tech Focus

chest

Walmart has switched its stock listing from the New York Stock Exchange to Nasdaq to emphasize its commitment to technology.

user avatarKenji Takahashi

AI Tools Transform Holiday Shopping Experience

chest

This holiday season, more consumers are turning to AI programs for gift selection, with major retailers adapting to this trend as AI is projected to facilitate $263 billion in online sales.

user avatarMaria Fernandez

Trump Administration to Support Farmers with Tariff Revenues

chest

The Trump administration plans to use tariff revenues to provide financial aid to farmers affected by trade policies.

user avatarRajesh Kumar

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.