Lummis Predicts Positive Outlook For Crypto If Senate Shifts To Republican Control

Quick Summary:

In a recent interview with CNBC, Republican Senator Cynthia Lummis, a prominent advocate for crypto assets, discussed the potential for significant regulatory changes following the upcoming US elections.  With just under two months until voters head to the polls, Lummis emphasized the need for a robust digital asset framework to support the US economy.

Lummis expressed concern that the US should not have allowed other nations to take the lead in financial services.

When discussing the prospect of a divided Congress—where the House could be Democratic and the Senate Republican—Lummis expressed optimism that a Republican-controlled Senate would be more beneficial for digital assets.

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Article Details

Author / Journalist: Ronaldo Marquez

Category: Crypto

Markets: Hungary

Topics: Bitcoin Sen. Cynthia Lummis Cynthia Lummis Crypto News Bitcoin news Btc Bitcoin price Cryptocurrencies Crypto regulation Cryptocurrency Crypto Btcusd BTCUSDT Senator lummis Crypto news DeFi Digital currency

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-28 @ 11:00:44 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 454 words

Reading Time: 3 minutes read

Sentences: 28 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 22759365

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News Last Updated: 8 hours ago

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