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Sen. Cynthia Lummis Says CBDCs 'Are Unnecessary' in the U.S.
Sen. Cynthia Lummis (R-Wyo.) joins "First Mover" to weigh in on the progress for crypto-related legislation in 2024, the aftermath of spot bitcoin ETFs being approved in the U.S. and why the lawmaker thinks a central bank digital currency (CBDC) in America is "unnecessary." A U.S. Federal Reserve decision dents market hopes of a rate cut at its next meeting in March. And, a legal update on FTX and Celsius.
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