Cynthia Lummis plans to present a bill to legalize the cryptosphere

by in Cryptocurrency News

Lummis

Senator Cynthia Lummis from Wyoming plans to submit a crypto sphere bill next year for consideration by the US Congress.

She told Bloomberg that this is a large-scale document designed to stimulate the development of the blockchain industry in the United States and ensure the safety of cryptocurrency investors.

Lummis promises to pay particular attention to the taxation of transactions with digital assets and control over stablecoins. In addition, the politician expects to accelerate the creation of an organization designed to ensure market transparency. This structure will be created under the auspices of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).

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Through Twitter, the senator addressed those Americans who are interested in the development of the cryptocurrency industry. She urges them to support a bill that will protect their interests and ensure the sustainable development of the crypto business in the country.

Note that Cynthia Lummis herself invests in digital currencies. On periodically takes advantage of the fall in the value of bitcoin to buy coins at the most comfortable prices.