Tag: Lummis

news-24072024-234747

Proposal for Federal Reserve to Adopt Bitcoin as Reserve Asset at Nashville Conference

Wyoming Senator Cynthia Lummis, known for her support of cryptocurrencies, is planning to propose a bold idea at the upcoming Nashville conference. She wants the Federal Reserve to consider holding Bitcoin as a strategic...
news-23072024-203741

Biden’s Proposed Bitcoin Mining Tax Criticized by Lummis

Senator Cynthia Lummis of Wyoming has strongly criticized President Biden's proposed 30% tax on Bitcoin miners, calling it a "dangerous scheme" and an "attack on innovation." She believes that such a high tax rate...