US Senator Lummis Thinks ‘Bitcoin Is Something That the Fed Should Hold on It...

US Senator Lummis Thinks ‘Bitcoin Is Something That the Fed Should Hold on It...

Cynthia Lummis, the U.S. Republican senator from Wyoming, believes the Federal Reserve should consider holding bitcoin on its balance sheet. Speaking on the Orrin G. Hatch Foundation’s crypto webinar panel, Lummis said that once a regulatory policy is in place it “will make a lot of sense.” Former Federal Reserve Vice Chairman Believes Crypto Perspectives Have Changed With the Advent of Stablecoins This week the Orrin G. Hatch Foundation published a webinar video featuring Bitstamp CEO Bobby Zagotta, former Federal Reserve vice chairman Randal Quarles, and the....


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US Senator Lummis Buys More Bitcoin, Sees BTC as ‘Excellent Store of Value’

U.S. Senator Cynthia Lummis has disclosed her bitcoin purchase worth between $50K and $100K. The senator from Wyoming sees bitcoin as an “excellent store of value” that should be in every investment portfolio. Senator Lummis Buys Bitcoin The pro-bitcoin senator from Wyoming, Cynthia Lummis, disclosed her recent bitcoin purchase in a periodic transaction report (PTR) Thursday. According to the filing, the senator bought BTC worth between $50,001 and $100,000 on Aug. 16. The price of bitcoin was around $45K at that time. The disclosure was made outside of the 45-day reporting....

Why This $100K Bitcoin Purchase By An U.S. Senator Could Be The Most Importan...

Cynthia Lummis is a well-known name in the Bitcoin community, the U.S. Senator (R) for the state of Wyoming has been a BTC proponent for a long time. Unlike many of his colleagues, Lummis has taken actions to demonstrate her political position. In a recent Financial Disclosure shared via Twitter by the handle CongressTrading, Lummis […]