Cynthia Lummis

Cynthia Lummis

Policy

Key U.S. Senate Republican Tim Scott Makes Crypto-Fan Debut

After years of consequential silence on digital assets, the top Republican on the Senate Banking Committee stormed a Bitcoin 2024 stage as a booster.

U.S. Sen. Tim Scott, the Banking Committee's top Republican, has joined former President Donald Trump as a crypto booster. (Justin Sullivan/Getty Images)

Policy

U.S. Senators Question Justice Department's Pursuit of Crypto Mixers

Senators from both parties, Cynthia Lummis and Ron Wyden, questioned the use of money-transmitter laws in cases such as those against Samouri Wallet and Tornado Cash.

Two U.S. senators wrote to Attorney General Merrick Garland to complain about the prosecution of crypto mixers. (Jesse Hamilton/CoinDesk)

Policy

Sen. Lummis: It'll Pay to 'Choose Circle Over Tether' Under U.S. Stablecoin Proposal

The co-author of the U.S. Senate's latest push for stablecoin regulations suggests Circle would have an edge over foreign competitors for customers seeking safety.

U.S. Senator Cynthia Lummis (R-Wyo.) is one of the lawmakers asking for more information after the SEC's X account was compromised on Tuesday. (Shutterstock/CoinDesk)

Videos

Sen. Lummis Addresses Algorithmic Stablecoin Ban in New Bill

Sen. Cynthia Lummis (R-Wyo.) joins "First Mover" to discuss the new bill she introduced with Sen. Kirsten Gillibrand (D-N.Y.) that again aims at providing a regulatory framework for stablecoins in the U.S. Plus, why they proposed to ban algorithmic stablecoins in the bill.

Recent Videos

Videos

What's Stopping Congress From Passing Crypto Regulation?

Sen. Cynthia Lummis (R-Wyo.) explains that crypto-related "colossal failures" in the past few years have prevented Congress from moving forward with digital assets regulation. Therefore, she believes that "starting with a very firm, solid regulatory framework seemed to be a good place to just lay the product on the table for comment."

Recent Videos

Videos

Traders Bet on Ether's Drop; Sen. Lummis, Gillibrand Take on Stablecoin Legislation, Again

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as crypto investors are betting that ether (ETH) will drop in value over the next three months. Plus, the upcoming launch of Casey Rodarmor's Runes protocol, and a new stablecoin bill from U.S. Senators Cynthia Lummis and Kirsten Gillibrand.

Recent Videos

Opinion

The Solution for Stablecoin Regulation

Senators Cynthia Lummis and Kirsten Gillibrand are proposing legislation to address the inadequacies in the stablecoin sector, and foster financial innovation in the United States. "The possibilities for using stablecoins are numerous," they write.

U.S. Capitol building in Washington, D.C. (Jesse Hamilton/CoinDesk)

Policy

U.S. Senators Lummis, Gillibrand Take on Stablecoin Legislation With New Bill

Senators Cynthia Lummis and Kirsten Gillibrand unveiled a new bill Wednesday, hoping to move the needle on stablecoin legislation.

U.S. Sens. Kirsten Gillibrand and Cynthia Lummis are hopeful about aspects of their sweeping crypto bill. (Stephen Lovekin/Shutterstock for CoinDesk)

Policy

Lummis: Crypto Will Erupt as Big Issue in Senate Races Including Banking Chair Brown's

Sen. Cynthia Lummis said there's an effort underway to ensure Republicans trying to take seats from Democrats on the Senate Banking Committee are versed in crypto advocacy.

U.S. Senator Cynthia Lummis (R-Wyo.) is one of the lawmakers asking for more information after the SEC's X account was compromised on Tuesday. (Shutterstock/CoinDesk)

Policy

Key U.S. Lawmaker McHenry Says House Has 'Workable' Stablecoin Bill

The House Financial Services Committee chairman, in his final year in Congress, is still optimistic about passing a U.S. stablecoin bill, and Sen. Cynthia Lummis said the Senate's majority leader is open to it.

U.S. Rep. Patrick McHenry says the stablecoin legislative debate is still moving forward this year. (Nikhilesh De/CoinDesk)