Cynthia Lummis

Senator Lummis Hails Bitcoin as the Future of Financial Freedom

Senator Lummis Hails Bitcoin as the Future of Financial Freedom

In a significant endorsement that underscores the growing political acceptance of digital assets, Senator Cynthia Lummis (R-WY), a prominent voice for cryptocurrency in the U.S. Congress, has publicly declared Bitcoin as “freedom money.” This assertion comes amidst a fluctuating but increasingly mature global cryptocurrency market, highlighting a pivotal shift in

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Senator Lummis Proposes Landmark Crypto Tax Relief Bill

Senator Lummis Proposes Landmark Crypto Tax Relief Bill

Senator Cynthia Lummis (R-WY) has introduced standalone legislation to modernize U.S. crypto taxation, targeting everyday users and miners. The bill aims to eliminate reporting burdens for small transactions and resolve double taxation issues plaguing the industry. Key Provisions • $300 De Minimis Exemption: Capital gains tax waived for transactions under

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Senator Lummis Hails Bitcoin as the Future of Financial Freedom

Senator Lummis Hails Bitcoin as the Future of Financial Freedom

In a significant endorsement that underscores the growing political acceptance of digital assets, Senator Cynthia Lummis (R-WY), a prominent voice for cryptocurrency in the U.S. Congress, has publicly declared Bitcoin as “freedom money.” This assertion comes amidst a fluctuating but increasingly mature global cryptocurrency market, highlighting a pivotal shift in

Read More »
Senator Lummis Proposes Landmark Crypto Tax Relief Bill

Senator Lummis Proposes Landmark Crypto Tax Relief Bill

Senator Cynthia Lummis (R-WY) has introduced standalone legislation to modernize U.S. crypto taxation, targeting everyday users and miners. The bill aims to eliminate reporting burdens for small transactions and resolve double taxation issues plaguing the industry. Key Provisions • $300 De Minimis Exemption: Capital gains tax waived for transactions under

Read More »