Senator Cynthia Lummis Says Bitcoin Could Save The US Dollar

Quick Summary:

Cynthia Lummis says holding Bitcoin in government reserves will ground the US dollar against geopolitical tensions.

Lummis opposes CBDCs and advocates for self-custody of Bitcoin to ensure financial freedom and sovereignty for Americans.

The CFTC classified Bitcoin and Ethereum as commodities that desperately need clear regulatory frameworks to protect investors.

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Article Details

Author / Journalist: Sofiya

Category: Crypto

Markets: India

Topics: Latest News US Dollar News Save BITCOIN Senator Cynthia Lummis

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-14 @ 05:41:28 (4 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 346 words

Reading Time: 2 minutes read

Sentences: 26 lines

Sentence Length: 14 words per sentence (average)

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

Copyright Owner: © BitcoinWorld

News ID: 21603713

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 13 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #121

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