Cynthia Lummis News

10.01 / 05:04

markets ETF SEC security us sec Bitcoin Investigations X Confirms US SEC’s Official Account Was Hacked, No Insider Error Detected

The official X account of the U.S. Securities and Exchange Commission (SEC) was compromised when it posted the fake spot Bitcoin ETF approval announcement, X has confirmed.

17.12 / 11:07

Cooper CEO Tether USDT Platform Bitcoin Tether CEO Details Partnership with FBI and Secret Service in Letter to Legislators

Tether, the company responsible for the USDT stablecoin, has made public letters it sent to the U.S. Senate Committee on Banking, Housing, and Urban Affairs and the U.S. House Financial Services Committee, underscoring its dedication to security and close cooperation with law enforcement agencies.

08.12 / 19:07

Blockchain Provident Digital Bill President BOS Department U.S. Congress Excludes Crypto Provisions in Final Defense Bill

U.S. Congress released the National Defense Authorization Act for 2024 this week, but failed to include crypto provisions in the critical piece of legislation.

21.11 / 08:47

Provident Binance SEC Action coinbase Kraken Senator Cynthia Lummis Slams SEC for its “Ruling by Enforcement” Approach Following Kraken Lawsuit

Senator Cynthia Lummis has criticized the Securities and Exchange Commission (SEC) for its current approach to cryptocurrency regulation.

20.11 / 20:13

business Conference Donations Elections Political donations aplenty: Event recap for North American Blockchain Summit

Once branded for a Texas-specific audience, the North American Blockchain Summit (NABS) shook things up in 2023 — changing its location and name as many United States lawmakers prepared for an election season.

16.11 / 12:49

Law regulation SEC Congress Sab 121 Financial US Congress members urge financial authorities to invalidate SEC’s SAB 121

Several members of the United States Congress have submitted a memo urging key financial authorities, including the chair of the board of the Federal Deposit Insurance Commission and the acting comptroller of the currency, to provide guidance or take action clarifying that the U.S. Securities and Exchange Commission (SEC) Staff Accounting Bulletin 121 (SAB 121) is not enforceable following a recent Government Accountability Office (GAO) finding.

07.11 / 13:39

Adoption Bitcoin Senator Ted Cruz Now Accepts Campaign Donations in Bitcoin

Senator Ted Cruz (R-TX) has revealed his decision to accept Bitcoin ( BTC) as part of his campaign fundraising efforts.

06.11 / 06:47

Digital SEC Action Patrick Regulations voice Senator Lummis Takes a Stand Against SEC’s Crypto Crackdown, Says the Commission is “Overreaching”

Senator Cynthia Lummis (R-Wyo.) has voiced opposition to the Securities and Exchange Commission’s ongoing crackdown on the cryptocurrency industry.

03.11 / 18:33

Digital SEC Remark voice reports SEC Faces Criticism from Democrat Lawmaker Over Handling of Crypto Accounting Bulletin

The US Securities and Exchange Commission (SEC) is under scrutiny after Democratic lawmaker Rep. Wiley Nickel from North Carolina criticized the agency’s management of a controversial bulletin concerning the accounting of companies’ crypto holdings.

01.11 / 19:17

Blockchain Twitter Binance Tether Action reports NOT Pro-Bitcoin Senator Lummis Explains Why Crypto Is Not The Problem On Terrorist Financing

U.S. Senator Cynthia Lummis (R-WY) corrected the record on crypto and terror financing on Tuesday after calling for crackdowns on crypto firms supporting sanctioned groups just days earlier.

31.10 / 22:03

regulation SEC PayPal coinbase Congress legislation GAO guidance GAO finds controversial SEC guidance is subject to congressional oversight

United States Senator Cynthia Lummis has scored another one for crypto with a Government Accountability Office (GAO) decision issued on Oct. 31. The GAO found that Securities and Exchange Commission (SEC) Staff Accounting Bulletin 121 should be subject to congressional review. That bulletin, issued in March 2022, has been a source of ire for many pro-crypto lawmakers.

27.10 / 06:35

business Binance Bloomberg Binance founder CZ’s fortune gets slashed $12B, while SBF is still at $0

Binance co-founder and CEO Changpeng “CZ” Zhao has seen his net worth slashed by $11.9 billion amid falling trading volumes at his exchange.

27.10 / 03:25

Binance regulation Tether Congress Terrorism Cynthia Lummis leads the charge calling for DOJ action against Binance and Tether

Cynthia Lummis, a crypto proponent representing Wyoming in the United States Senate, has called on the U.S. Justice Department to consider charges against crypto exchange Binance following the terrorist group Hamas’ attack on Israel.

26.10 / 21:15

Israel Hamas war Lawmakers Urge DOJ to Decide on Binance and Tether’s Role in Crypto Funded Terrorism Linked to Hamas and Israel Conflict

Today, as the U.S. Department of Justice (DOJ) evaluates possible criminal charges against Binance and Tether, two prominent U.S. lawmakers are emphasizing the urgency of the matter. U.S. Senator Cynthia Lummis (R-Wy.) and Representative French Hill (R-Ark.) dispatched a letter to Attorney General Merrick Garland, insisting that the DOJ swiftly conclude its investigations into the two companies.

25.09 / 17:57

CFTC regulation SEC Senator Gillibrand Rallies Democrat Colleagues to Adopt Digital Assets Regulation

Senator Kirsten Gillibrand is in talks with her Democrat colleagues in the Senate to support cryptocurrency regulation amid speculations of a government shutdown.

21.09 / 00:07

SEC US Presidential Crypto Policy US Presidential Hopeful Ramaswamy to Release “Comprehensive Crypto Policy Framework” Before Thanksgiving

A major candidate for the US Presidency is on the verge of releasing a “comprehensive crypto policy framework”.

31.08 / 02:41

UPS Ethereum Waves BTC Digital Bitcoin show Bitcoin Price Prediction as BTC Blasts Up 5% After Huge Volume Spike – Can BTC Reach $40,000 Soon?

Bitcoin (BTC) has broken its downward trend and surged above the $27,000 mark, marking an impressive comeback after two weeks. However, this surge can be attributed to a legal victory for Grayscale in the United States.

13.08 / 07:13

Blockchain Law regulation SEC coinbase Support Coinbase gains legal support as scholars file amicus brief

A group of six legal scholars specializing in securities law and related domains have submitted an amicus brief in favor of crypto exchange Coinbase in its legal battle against the U.S. Securities and Exchange Commission (SEC).

12.08 / 01:55

regulation SEC coinbase us government Senate Senator Lummis files Amicus Brief supporting Coinbase's dismissal motion against SEC

Crypto-friendly Senator Cynthia Lummis has filed an Amicus Brief supporting Coinbase’s motion to dismiss the U.S. Securities and Exchange Commission's lawsuit against the firm.

31.07 / 20:05

Binance CFTC regulation SEC First major success in US Congress for two crypto bills: Law Decoded

Last week, the United States took a step closer to regulatory clarity for its crypto industry. In a 35–15 vote, the House Financial Services Committee (FSC) approved the Financial Innovation and Technology for the 21st Century Act. The bill is intended to establish rules for crypto firms on when to register with either the Commodity Futures Trading Commission (CFTC) or the Securities and Exchange Commission (SEC).

28.07 / 16:13

National US Senate Passes National Defense Bill: Here’s How It Affects Crypto

The bill's implication on the industry is far-reaching as it affects privacy coins, crypto mixers, and several digital asset exchanges.

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