US Senator Cynthia Lummis has revealed that key branches of the American military support her initiative to establish a strategic reserve of one million Bitcoins. Lummis framed this plan as a critical step for the United States to bolster its economic defenses amid intensifying tensions with China. Speaking in a June 3 interview, Senator Lummis […]
Cynthia Lummis
Bitcoin Could Be the Key to Solving America’s $36T Debt
As the United States grapples with a ballooning national debt now exceeding $36 trillion, Senator Cynthia Lummis (R-WY) has proposed a bold and controversial solution: Bitcoin. In a video message posted Friday on X (formerly Twitter), Lummis emphasized that Bitcoin could play a pivotal role in stabilizing the U.S. economy. “I’m particularly pleased with President […]
Canary Capital Files For Staked TRX ETF Approval With The SEC To Maximize Yield
Canary Capital, a U.S.-based asset manager, has filed an application for an exchange-traded fund (ETF) that will hold and stake TRX ,the native token of the Tron blockchain. The ETF aims to offer investors exposure to TRX market prices and produces additional yield by staking tokens. The application was submitted to the U.S. Securities and […]
Sen. Lummis Boldly Reintroduces Bitcoin Act, Targeting 1 Million BTC Reserve
Sen. Cynthia Lummis reintroduces the Bitcoin Act to create a U.S. Strategic Bitcoin Reserve following President Trump’s executive order on digital assets.
Stablecoin Legislation Takes Focus in First Digital Assets Hearing, Senator Lummis Shares Insights
Senator Cynthia Lummis leads the Senate Banking Committee’s first digital assets hearing, prioritizing stablecoin legislation and addressing key regulatory challenges.
40,000 Watch as Cynthia Lummis:Demands Urgent Actions On Stablecoins
Senator Cynthia Lummis is aggressively pursuing stablecoin regulation and adoption. Speaking at the first subcommittee hearing on crypto legislation, which drew over 40,000 viewers, Lummis underscored the urgency of establishing a bipartisan regulatory framework for stablecoins and market structure. She emphasized that early regulation is crucial as digital assets continue to grow. With the crypto […]
Senate Banking Committee to Hold Key Hearing on Crypto Regulations
The U.S. Senate Banking Committee will hold a hearing on February 26 to discuss bipartisan crypto regulation frameworks for digital assets. The session aims to provide clear guidelines for the crypto industry amid growing regulatory concerns and stalled legislative efforts. Lawmakers will address market structure, stablecoin regulations, and the potential establishment of a strategic Bitcoin […]
Bitcoin 24/7 Audit? Senator Lummis’ Bold Claim
U.S. Senator Cynthia Lummis has doubled down on Bitcoin as a innovative solution to address the shortcomings of current reserve systems. During a recent address, Senator Lummis proclaimed, “Bitcoin fixes this,” emphasizing the crypto’s potential to modernize current reserve systems. She highlighted BTC can be audited 24/7 with a basic computer, unlike the opaque processes […]