Senator Lummis slams United States’ Bitcoin sell-off as a ‘strategic blunder’
Key Takeaways U.S. Marshals revealed that the government holds 28,988 BTC instead of the expected 189K BTC. Pro-BTC Senator Lummis...
Senator
Senator Lummis’s Crypto Bill May End Double Taxation
US Senator Cynthia Lummis submitted a draft bill on Thursday proposing to exempt certain crypto transactions from taxation and defer...
Senator Lummis’ New Bill Enables Tax-Exempt Bitcoin Spending — But Thresholds Are Too Low
Today, Senator Lummis unveiled a bill that would enable U.S. citizens to spend up to $300 worth of bitcoin on...
Senator Lummis Introduces Digital Asset Tax Legislation
Today, U.S. Senator Cynthia Lummis (R-WY) has introduced a comprehensive digital asset tax legislation that could significantly boost the use...
Senator Lummis presents bill to insert crypto tax definitions to shield micro-payments, validation rewards
Senator Cynthia Lummis filed a bill on July 3 that rewrites multiple sections of the Internal Revenue Code to govern...
Senator Lummis Seeks to Waive US Taxes on Small-Scale Crypto Activity in Budget Bill
U.S. Senator Cynthia Lummis is seeking to slip a significant crypto tax measure into the massive budget bill that backs...
Senator Lummis announces OBBB crypto tax amendment while crypto advocates mobilize for approval
Senator Cynthia Lummis revealed on June 30 that she would introduce an amendment to add crypto tax language to the...
Key U.S. Senator Tells White House Crypto Market Structure Bill Will Be Done by Sept. 30
WASHINGTON, D.C. — U.S. Senator Tim Scott, the chairman of the Senate Banking Committee, told a White House crypto adviser...
Democratic Senator Introduces Bill To Address Trump’s Crypto Ties
California Senator Adam Schiff and nine other Democratic lawmakers have introduced legislation to prevent what they called “financial exploitation of...
Senator Lummis says new Fed vice chair appointment signals ‘brighter future’ for crypto
US Senator Cynthia Lummis said the confirmation of Michelle “Miki” Bowman as Vice Chair for Supervision at the Federal Reserve...