US Senator Lummis: Passing Crypto Legislation This Year Remains Possible
CryptoNewsTerminal Staff22 Aug, 2024
US Senator Lummis: Passing Crypto Legislation This Year Remains Possible
A US Senator who is a leading voice on cryptocurrencies has indicated that legislation on the digital assets could be passed before the end of the year. According to CoinDesk, Senator Cynthia Lummis, a Republican from Wyoming, told voters during SALT’s Wyoming Symposium that there is still a “possibility” that crypto legislation will pass by the end of the year. Lummis pointed out that Republicans have a stronger appetite for crypto than Democrats. Notably, this isn’t the first time that Senator Lummis has spoken out about cryptocurrencies. She has often emphasized the need for clear regulations to govern the cryptocurrency industry. While the passing of crypto legislation this year remains a possibility, it’s crucial for the industry to remain engaged and advocate for sensible regulations that foster innovation and protect consumers.
