Cynthia Lummis - Bitcoin and cryptocurrency news, stories, & headlines

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Cynthia Lummis

A collection of 4 posts

U.S. Marshals’ Silence on Seized Silk Road Bitcoin Sparks Controversy

U.S. Marshals’ Silence on Seized Silk Road Bitcoin Sparks Controversy

The U.S. Marshals Service is under fire for ignoring a critical deadline set by Senator Cynthia Lummis, a vocal advocate for cryptocurrency, who demanded answers about the government’s handling of Bitcoin seized from the infamous Silk Road marketplace. According to recent reports, the agency failed to meet the

CZ Binance Says "Crypto Moving at Crypto Speed" As US Strategic Bitcoin Reserve Comes to Fruition

CZ Binance Says "Crypto Moving at Crypto Speed" As US Strategic Bitcoin Reserve Comes to Fruition

Changpeng Zhao, commonly known as CZ, the CEO of Binance exchange, has weighed in on the establishment of a US Strategic Bitcoin Reserve. His comments signal a significant step towards the mainstream adoption of Bitcoin as a strategic asset by one of the world's leading economies. The concept

Senator Lummis Advocates for U.S. to Swap Gold for Bitcoin in Strategic Reserve Plan

Senator Lummis Advocates for U.S. to Swap Gold for Bitcoin in Strategic Reserve Plan

U.S. Senator Cynthia Lummis has introduced a bold economic strategy that could potentially reshape the U.S. financial landscape. During her appearance on CNBC this morning, Senator Lummis elaborated on her proposal for establishing a strategic Bitcoin reserve, suggesting a novel approach to managing the national debt and bolstering

Senator Lummis Advocates for the Federal Reserve to Exchange Gold Reserves for Bitcoin

Senator Lummis Advocates for the Federal Reserve to Exchange Gold Reserves for Bitcoin

In an era where traditional financial systems are increasingly intersecting with digital currencies, Senator Cynthia Lummis from Wyoming, a known ally of former President Donald Trump, has put forth a bold proposition. She suggests that the Federal Reserve should consider selling a portion of its gold reserves and instead invest