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26 Apr 2024, 6:00 am by Michelle
US Senators Introduce New Stablecoin BillCointelegraph – April 17, 2024 United States Senators Kirsten Gillibrand and Cynthia Lummis have introduced legislation establishing a regulatory framework for payment stablecoins. [read post]
15 Apr 2024, 9:01 pm by renholding
Those third parties included Senator Cynthia Lummis (R-WY), the Blockchain Association, Katie Cox and Professors Peter Conti-Brown, Morgan Ricks,3Julie Andersen Hill and David Zaring.4 In his amicus brief, former Senator Toomey stated that the purpose for his amendment requiring the Federal Reserve Board to maintain a database was to increase the transparency and public accountability of the Federal Reserve Banks’ master account… [read post]
27 Feb 2024, 4:48 pm by David Kopel
Senators, led by Cynthia Lummis (R-Wyo.), 10 law/history professors, and the Independence Institute (the Denver think tank where I work). [read post]
16 Jan 2024, 3:30 am by John Jenkins
On Thursday, senators Ron Wyden (D-OR) and Cynthia Lummis (R-WY) followed up with a letter to the SEC’s OIG criticizing the agency’s failure to adhere to cybersecurity best practices and calling for the OIG to provide the senators with an update on its investigation and the SEC’s remediation efforts by February 24th. [read post]
27 Nov 2023, 5:44 am by Unknown
Patrick McHenry (R-NC), the Chairman of the House Financial Services Committee, and Senator Cynthia Lummis (R-Wyo) have now reached out to the prudential regulators asking them to take action to clarify that SAB 121 is not enforceable in light of the GAO decision.SAB 121, as issued, requires banks holding crypto assets to recognize a liability and a corresponding offset on their balance sheets, measured at the fair value of the customer custodial digital assets. [read post]
7 Nov 2023, 9:00 am by Brendan Gilligan
Mike Lee, with cosponsors Senators Tammy Baldwin, Steve Daines, Mazie Hirono, Cynthia Lummis, Jon Tester, Elizabeth Warren, and Edward Markey, along with Representatives Zoe Lofren, Warren Davidson have introduced the Government Surveillance Reform Act that would reauthorize Section 702 with many of these important safeguards in place. [read post]
22 Sep 2023, 3:59 am by SHG
” Senator Cynthia Lummis, Republican of Wyoming, said that “people who dress like slobs tend to think they can act like slobs. [read post]
16 Aug 2023, 4:35 am by Unknown
Cynthia Lummis (R-Wyo) took a skeptical view of SEC activities in the crypto arena and drew the court’s attention to bipartisan legislative efforts regarding crypto assets. [read post]
31 Jul 2023, 5:00 am by Unknown
Cynthia Lummis (R-Wyo) and Kirsten Gillibrand (D-NY), while the latter is sponsored by Sens. [read post]
24 Jul 2023, 9:01 pm by renholding
The Lummis–Gillibrand proposal envisions a much-reduced role for the SEC in regulating this asset class. [read post]
23 Jun 2023, 9:05 pm by Carson Turner
Senator Cynthia Lummis (R-Wyo.) responded by introducing a series of bills to limit liability for utility companies, airports, farmers, and the military. [read post]
10 Mar 2023, 8:17 am by Zak Gowen
Kirsten Gillibrand (D-N.Y.) and Cynthia Lummis (R-Wyo.) said that while their broader crypto regulatory framework bill won’t see a vote until 2023, one key part might be incorporated into another bill the Senate Banking Committee will vote on this year. . . . [read post]
15 Dec 2022, 8:00 am by CFM Admin
December 2022 Clients, Friends, Associates: As we near the end of 2022, we have highlighted some recent industry updates that we believe may impact our clients. [read post]
15 Dec 2022, 4:00 am by CFM Admin
December 2022 Clients, Friends, Associates: As we near the end of 2022, we have highlighted some recent industry updates that we believe may impact our clients. [read post]
16 Nov 2022, 3:21 pm
And thanks to all the Republicans who voted for this: Susan Collins of Maine, Rob Portman of Ohio, and Thom Tillis of North Carolina — the co-sponsors — and Lisa Murkowski and Dan Sullivan of Alaska, Cynthia Lummis of Wyoming, Mitt Romney of Utah, Richard Burr of Virginia, Roy Blunt of Missouri, Joni Ernst of Iowa, Todd Young of Indiana, and Shelley Moore Capito of West Virginia. [read post]
3 Oct 2022, 7:52 am by Silver Law Group
According to the staffer from the office of Senator Cynthia Lummis (R-WY), every U.S. crypto exchange is currently under investigation, and there are more than 40 of them. [read post]
27 Sep 2022, 9:05 pm by Coral Beach
John Hoeven, R-ND, Ben Ray Lujan, D-NM, Cynthia Lummis, R-WY, Martin Heinrich, D-NM, John Barrasso, R-WY, and Kirsten Gillibrand, D-NY, the bill has languished without action in the U.S. [read post]
6 Sep 2022, 12:21 pm by Race to the Bottom
Senators Kirsten Gillibrand (D-NY) and Cynthia Lummis (R-WY) introduced legislation on June 7, 2022 that would implement and divide oversight of the cryptocurrency market between the Securities and Exchange Commission (“SEC”) and the Commodity Futures Trading Commission (“CFTC”). [read post]