Senator Cynthia Lummis on Why Crypto Now Has Bipartisan Support
Are we ushering in a new era of crypto legislation? U.S. Senator from Wyoming Cynthia Lummis definitely thinks so.
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With crypto becoming more politicized than ever, U.S. Senator from Wyoming Cynthia Lummis came on Unchained to talk about the recent regulatory action in Washington, D.C.
She delves into what led to bipartisan support to repeal SAB 121, and how the strength of the vote there in both the House and Senate may have affected the about-face decision to approve spot ether ETFs. Sen. Lummis also explains why she disagrees with how Gary Gensler’s SEC is handling the industry, how to avoid the next TerraUSD, why she feels Wyoming-chartered Custodia Bank is not being treated fairly, the ban on a Chinese-owned, Wyoming-based Bitcoin mining firm, and what advice she would give to the crypto industry during this election year.
Show highlights:
🔹 Why the SAB 121 approval was bipartisan
🔹 Whether President Biden will veto the resolution
🔹 How it's a "mystery" to Sen. Lummis why the SEC had a change of heart about Ether ETFs
🔹 How the SEC's approach to regulating the industry "is not the American way"
🔹 Whether there is a bipartisan majority in favor of crypto in Congress
🔹 How bitcoin has come a long way in terms of adoption
🔹 Sen. Lummis' thoughts on how to regulate the stablecoin industry and avoid a Terra Luna situation
🔹 The differences between the Lummis-Gillibrand bill and FIT21
🔹 How Sen. Lummis feels about the denial of a master account for Custodia Bank
🔹 Whether there's a move against Bitcoin mining companies in the US, given the recent ban of an operation in Wyoming
🔹 What Sen. Lummis would advise for the industry to accomplish its goals
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Guest
⭐️ Cynthia Lummis, U.S. Senator from Wyoming
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Time Stamps:
00:00 Introduction
02:53 Why the SAB 121 approval was bipartisan
04:52 Whether President Biden will veto the resolution
08:40 How it's a "mystery" to Sen. Lummis why the SEC had a change of heart about Ether ETFs
13:23 Whether there is a bipartisan majority in favor of crypto in Congress
20:19 Sen. Lummis' thoughts on how to regulate the stablecoin industry and avoid a Terra Luna situation
23:55 The differences between the Lummis-Gillibrand bill and FIT21
28:59 How Sen. Lummis feels about the denial of a master account for Custodia Bank
30:20 Whether there's a move against Bitcoin mining companies in the US, given the recent ban of an operation in Wyoming
33:44 What Sen. Lummis would advise for the industry to accomplish its goals
35:04 Weekly Recap
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#bitcoin #ethereum #crypto #cryptocurrencies
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Пікірлер: 36
Really appreciate the efforts of Senator Cynthia Lummis. She is a leader.
You ROCK Laura! Thank you for always being relavent. Lummis has been such an asset to crypto.
Considering a young mid income, short term minded person with constant need for cash, are these still worth investing into? I am new to all of these and have incurred so much losses, I am beginning to think I am not doing what is good for me but just following people blindly.
@Ashermicheal6341
20 күн бұрын
Following you has been an amazing journey , you have shown me the best way to earn much better profits despite the bad economic situations, God bless you with more knowledge celia dullpher...
@Lucas75332
20 күн бұрын
It’s precisely at times like these that investors need to be on guard against the next certainty. You don’t have to act on every forecast. I will also suggest investors to get yourselves a financial-advisor that can provide you with entry and exit points on the shares/ETF you focus on.
@liammateo287
20 күн бұрын
Great to see you guys talking of dullpher, Trading on your own can be very dangerous i can testify to that. This woman changed the game for me
@Blackrainbow-gh
20 күн бұрын
Any info on how i can liaise with her, i'm new at this
@Ashermicheal6341
20 күн бұрын
she often interacts on Telegrams
You are doing great 🇮🇳 blessings from Delhi India..
@viybzcontact
21 күн бұрын
Two of some of my favorite woman in crypto. Absolutely incredible what C. Lummis has been able to accomplish..she gives me hope for US politicians.
Would love to see more Algorand coverage 🔥
No fully reserved bank has been allowed to get a master account in the US. Peter schiff's bank was shut down and raoul pal tried to get one started and was denied. Fully reserved banks have the potential to drain all cash away from fractional banks.
Excellent interview Laura. And I really dislike the politics of your interviewee.
@OldmanCrypto100
21 күн бұрын
The interviewee’ politics are pro crypto. if you dislike that why are you here watching this?
How does this trading stuff work? I'm really interested but I just don't know how to go about it. I heard people really make it huge trading
@BENWILLIAMS12316
23 күн бұрын
As a beginner, it's essential for you to have a mentor to keep you accountable. I'm guided by a widely known crypto consultant
@BENWILLIAMS12316
23 күн бұрын
She is Mrs Mary Gail Benner
@Additional44
23 күн бұрын
The first step to successful investment is figuring your goals and risk tolerance either on your own or with the help of a financial professional but it's very advisable you make use of a professional
@JamesChansjsb
23 күн бұрын
Isn't she the same Mrs Mary Gail Benner that my neighbors are talking about, she has to be a perfect expect for people to talk about her so well.
@EvanRichardson307
23 күн бұрын
~Mrs Mary Gail was my hope during the bear summer "' last year. I did so many mistakes but also learnt so much from it , and of course from Mary Gail Benner. She is my number one when it comes to crypto and TA.