#Cynthia Lummis

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#Cynthia Lummis

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Lummis-Led Senators Pressure Treasury for Clear GENIUS Act Stablecoin Rules

Lummis-Led Senators Pressure Treasury for Clear GENIUS Act Stablecoin Rules

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A bipartisan group of U.S. senators is pressing the Treasury Department to spell out how states can qualify for stablecoin oversight under the GENIUS Act. Cynthia Lummis leads bipartisan push for clearer Treasury guidance States say the rules are too vague to prove they’re “substantially similar” Certification process, timelines, and procedures are still missing Federal […]

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Lummis Warns Clarity Act Must Pass Now or U.S. Crypto Rules Could Stall Until 2030

Lummis Warns Clarity Act Must Pass Now or U.S. Crypto Rules Could Stall Until 2030

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Senator Cynthia Lummis is pushing hard for the Digital Asset Market Clarity Act, and she’s not pretending the stakes are small. Her warning is simple: Congress may have a short window to pass meaningful U.S. crypto market structure legislation before the political winds shift and the whole thing gets shoved into a legislative freezer until […]

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Senate Republicans Push U.S. Regulators to Ease Crypto Bank Capital Rules

Senate Republicans Push U.S. Regulators to Ease Crypto Bank Capital Rules

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Senate Republicans are pushing U.S. banking regulators to stop treating digital assets like untouchable radioactive sludge and write capital rules that actually reflect how crypto works. Six GOP senators want clearer bank capital rules for digital assets Basel crypto standards are being blasted as absurdly punitive Tokenized securities are being used as the fairness benchmark […]

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CLARITY Act Faces June Senate Deadline for US Crypto Market Structure Reform

CLARITY Act Faces June Senate Deadline for US Crypto Market Structure Reform

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Washington is running out of excuses on crypto policy. The CLARITY Act, a long-awaited crypto market structure bill, now faces a narrow June window in the US Senate, and supporters say missing it could kick meaningful digital asset regulation down the road for years. Only four working weeks remain in June for Senate action The […]

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JPMorgan’s Dimon Takes Aim at CLARITY Act as Lummis Fires Back on Bank Control

JPMorgan’s Dimon Takes Aim at CLARITY Act as Lummis Fires Back on Bank Control

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The fight over the CLARITY Act is no longer a quiet Capitol Hill paperwork exercise. JPMorgan CEO Jamie Dimon has taken aim at the U.S. crypto market structure bill, and Senator Cynthia Lummis is firing back, accusing big banks of fear-mongering because they do not want to lose control of payments and settlement. Dimon attacks […]

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Lummis Warns CLARITY Act Delay Could Push U.S. Crypto Reform to 2030

Lummis Warns CLARITY Act Delay Could Push U.S. Crypto Reform to 2030

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Senator Cynthia Lummis is warning that if Congress misses its chance on the CLARITY Act, U.S. crypto market structure reform could get kicked down the road until around 2030. 2030 warning if lawmakers miss this session Bipartisan momentum already exists Regulatory clarity vs. the current legal swamp Midterm politics may decide the bill’s fate The […]

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Bessent Pushes CLARITY Act to Bring Crypto Onshore and Block CBDC Plans

Bessent Pushes CLARITY Act to Bring Crypto Onshore and Block CBDC Plans

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Scott Bessent is telling Congress to stop dragging its feet and give U.S. crypto rules some actual teeth. The Treasury Secretary says the CLARITY Act is the path to bringing digital assets back onshore, making the United States the “home” for crypto business, and ending the regulatory mess that has pushed too many firms offshore. […]

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Lummis Warns CLARITY Act Failure Could Put Crypto Developers Back in Prosecutors’ Crosshairs

Lummis Warns CLARITY Act Failure Could Put Crypto Developers Back in Prosecutors’ Crosshairs

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Sen. Cynthia Lummis is warning that the crypto industry may be running out of runway in Washington: if the CLARITY Act doesn’t pass this Congress, American software developers could once again end up in the legal crosshairs for nothing more than publishing code. CLARITY Act pressure: pass it now or risk another cycle of crypto […]

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