US Senator Cynthia Lummis stated that she continues to work to establish a positive crypto regulatory framework.
In the US, the crypto discussions are in full swing. While a certain segment of the country supports the prohibitions and oppression, the moderate attitude of the majority draws attention. Various explanations come from the law actors in the USA to the explanations of crypto actors.
US Senator Cynthia Lummis excited the crypto community in her statements on Twitter. Lummis gave the message that he is following a positive and healthy path for crypto.
US Senator Lummis Speaks Positive for Crypto
US Senator Cynthia Lummis made positive statements for crypto.
Lummis was showered with interaction with his post on Twitter the other day. The crypto community has shown strong interest in Lummis’ crypto approach. The U.S. Senator stated that individuals and institutions are engaged in intense efforts on the crypto process. Lummis stated that he is working on positive regulations that will make it easier for individual and institutional investors to trade crypto in the US.
We successfully prevented @POTUS' 30% digital asset mining tax from being included in the debt ceiling deal but the fight is far from over.
I am working on a regulatory framework that will allow individuals and companies to own and trade digital assets in America.
Stay tuned…
— Senator Cynthia Lummis (@SenLummis) June 10, 2023
Thanks to the crypto community, Lummis talked about his crypto work with the message “Hold on”. Amid growing crypto pressures in the US, this approach from Senator Lummis has caught attention.
Lummis wants crypto to be accepted in the US as part of appropriate and moderate regulatory efforts. But looking at the current crypto approach in the US, Lummis’s job seems pretty tough.
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