U.S. Senator Lummis: Federal Reserve's Withdrawal of Crypto Bank Rules Is Just Empty Talk with No Substantial Progress
View original
U.S. Senator Cynthia Lummis stated that the Federal Reserve's withdrawal of cryptocurrency guidance is merely empty talk, with no substantial progress. The Federal Reserve has stifled companies in the industry, harming U.S. interests by suppressing innovation and shutting down businesses. This fight is far from over. Cynthia Lummis pointed out that the Federal Reserve's policy statement considering Bitcoin and digital assets as "unsafe and unsound" has not been retracted. She also reiterated that many staff members behind "Operation Chokepoint 2.0" are still involved in crypto policy today. (Cointelegraph)
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!
You may also like
CFX surpasses $0.085 with a 24-hour increase of 14.5%
金色财经•2025/06/07 10:39
Nearly 160 Million USDT Transferred from CEX to Aave
金色财经•2025/06/07 10:24
Analyst: Market Needs to Close Above $104,800 to Resume Short-term Bullish Momentum
星球日报•2025/06/07 10:24
A Whale Unstakes Over 70,000 SOL Worth $11.24 Million
金色财经•2025/06/07 10:23
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$105,597.02
+1.55%

Ethereum
ETH
$2,502.2
+0.88%

Tether USDt
USDT
$1
+0.00%

XRP
XRP
$2.19
+1.36%

BNB
BNB
$650
+0.27%

Solana
SOL
$152.35
+1.01%

USDC
USDC
$0.9999
-0.02%

Dogecoin
DOGE
$0.1870
+4.95%

TRON
TRX
$0.2795
+0.18%

Cardano
ADA
$0.6698
+1.89%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new Bitgetters!
Sign up now