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UNCHAINED: Senator Cynthia Lummis on Why Crypto Now Has Bipartisan Support in Congress

UNCHAINED: Senator Cynthia Lummis on Why Crypto Now Has Bipartisan Support in Congress

FromCoinDesk Podcast Network


UNCHAINED: Senator Cynthia Lummis on Why Crypto Now Has Bipartisan Support in Congress

FromCoinDesk Podcast Network

ratings:
Length:
48 minutes
Released:
May 24, 2024
Format:
Podcast episode

Description

Are we ushering in a new era of crypto legislation? U.S. Senator from Wyoming Cynthia Lummis definitely thinks so. Listen to the episode on Apple Podcasts, Spotify, Pods, Fountain, Overcast, Podcast Addict, Pocket Casts, Castbox, Amazon Music, or on your favorite podcast platform.With crypto becoming more politicized than ever, U.S. Senator from Wyoming Cynthia Lummis came on Unchained to talk about the recent regulatory action in Washington, D.C.She delves into what led to bipartisan support to repeal SAB 121, and how the strength of the vote there in both the House and Senate may have affected the about-face decision to approve spot ether ETFs. Sen. Lummis also explains why she disagrees with how Gary Gensler’s SEC is handling the industry, how to avoid the next TerraUSD, why she feels Wyoming-chartered Custodia Bank is not being treated fairly, the ban on a Chinese-owned, Wyoming-based Bitcoin mining firm, and what advice she would give to the crypto industry during this election year.Show highlights:Why the SAB 121 approval was bipartisan Whether President Biden will veto the resolution How it's a "mystery" to Sen. Lummis why the SEC had a change of heart about Ether ETFsHow the SEC's approach to regulating the industry "is not the American way"Whether there is a bipartisan majority in favor of crypto in CongressHow bitcoin has come a long way in terms of adoptionSen. Lummis' thoughts on how to regulate the stablecoin industry and avoid a Terra Luna situationThe differences between the Lummis-Gillibrand bill and FIT21How Sen. Lummis feels about the denial of a master account for Custodia BankWhether there's a move against Bitcoin mining companies in the US, given the recent ban of an operation in WyomingWhat Sen. Lummis would advise for the industry to accomplish its goalsVisit our website for breaking news, analysis, op-eds, articles to learn about crypto, and much more: unchainedcrypto.comThank you to our sponsors!iTrustCapitalPolkadotVaultCraftGuest | Cynthia Lummis, U.S. Senator from WyomingLinks | Ether ETFsUnchained: Analysts Up Odds of Spot Ether ETF to 75% as Prometheum Launches Product That Treats ETH as a SecurityBits + Bips: Is US Politics Driving the ETH ETF Approval?Why Spot Ether ETFs Are Now Likely to Be Approved on ThursdaySAB 121Bloomberg: As Bitcoin Rallies, Banks Are Pushing US Regulators to Change Crypto Guidance FIT21:Unchained: FIT21 Bill Heads to The Senate: Should We Really Be Excited?Open cases:Fortune: SEC sued over Ethereum, crypto firm asks court to state token is not a securityUnchained: Gary Gensler’s Case Against Uniswap: Does the SEC Even Stand a Chance?SEC Puts DeFi in Its Sights With Potential Uniswap SuitUnchained:SEC Investigating Ethereum Foundation Regarding Proof-of-Stake Transition: ReportThe Real Reason Why the SEC Might Be Going After EthereumUnchained Podcast is Produced by Laura Shin Media, LLC.  Distributed by CoinDesk. Senior Producer is Michele Musso and Executive Producer is Jared Schwartz. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
May 24, 2024
Format:
Podcast episode

Titles in the series (100)

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