Senate’s $886B Defense Bill Ropes in Crypto Mixers, Privacy Coins

While the bipartisan effort is a key milestone, an upcoming showdown with the House may mean this policy never sees the light of day.

• 2023-07-28
• Cynthia Lummis Kirsten Gillibrand Roger Marshall digital assets illicit activity Defense Authorization Act the Senate

U.S. Senate Passes $886B Military Spending Bill With Crypto AML Provision

The amendment takes aim at crypto mixers and “anonymity-enhancing” crypto assets.

• 2023-07-28
• Cynthia Lummis National Defense Authorization Act Kirsten Gillibrand U.S. Senate crypto Roger Marshall Senator Warren Elizabeth Warren crypto trading

Lummis Renews Commitment to US Crypto Regulation: ‘The Fight is Far From Over’

The Senator said to ‘stay tuned’ for more on her efforts to establish a regulatory framework for the crypto sector in the U.S.

• 2023-06-12
• Cynthia Lummis Senator Lummis digital assets regulatory framework Kirsten Gillibrand United States senator

Biden's 30% Tax on Bitcoin Miners 'Isn't Going to Happen,' Says Cynthia Lummis

Crypto legislation has been hard to work on due to "fear that Bitcoin and cryptocurrencies are being used for criminal activities,” Lummis said.

• 2023-05-20
• Cynthia Lummis Bitcoin miners Perianne Boring Joe Biden excise tax Bitcoin 2023 conference Wyoming Senator

U.S. House Will Have Crypto Bill in 2 Months: McHenry

AUSTIN, Texas – The U.S. House Financial Services Committee and House Agriculture Committee will put together legislation to oversee the crypto sector in the "next two months" after holding joint public hearings starting May, said Patrick McHenry (R–N.C.), chair of the House Financial Services Committee.

• 2023-04-29
• Cynthia Lummis Patrick McHenry CoinDesk bipartisanship President Joe Biden

Coinbase, a16z Executives Are Raising Cash for Crypto’s Champion in the Senate

An invitation for an event scheduled for April 28 offers an "exclusive audience" with Sen. Cynthia Lummis. Suggested contributions are from $1,000 to $3,000 per person.

• 2023-04-21
• Cynthia Lummis Coinbase Senate Banking Committee Cory Gardner Crypto Council for Innovation Commodity Futures Trading Commission Coinbase Head

U.S. Lawmakers Argue SEC Accounting Policy Undermines Safe Crypto Custody

Rep. Patrick McHenry, chairman of the House Financial Services Committee, and Sen. Cynthia Lummis teamed up on a letter questioning regulators about crypto accounting policy.

• 2023-03-03
• Cynthia Lummis balance sheets digital assets government policies Republican lawmakers Patrick McHenry financial firms crypto legislation