Senator Cynthia Lummis Says Digital Assets Are Worth Protecting
Summary
- U.S. Senator Cynthia Lummis emphasized the importance of digital assets and the need to protect the related industry.
- Lummis has repeatedly called for a clear regulatory framework for Bitcoin and the digital-asset industry.
- She sent a letter to the U.S. Treasury arguing that states should retain their supervisory authority in the stablecoin regulatory process and that the digital-asset industry should be fostered.
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U.S. Senator Cynthia Lummis underscored the importance of digital assets and called for protecting the industry.
In a June 17 post on X, Lummis wrote that "sound money is the foundation upon which America was built" and that digital assets are restoring that access to all Americans.
"This is worth protecting," she added.
Lummis is one of Congress's leading crypto-friendly lawmakers. She has repeatedly called for a clear regulatory framework for Bitcoin and the digital-asset industry, and has played an active role in legislative discussions on stablecoins and market structure.
More recently, she sent a letter to the U.S. Treasury arguing that states should retain their supervisory authority during the stablecoin regulatory process, underscoring the need to foster the digital-asset industry.
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