PYMNTS-MonitorEdge-May-2024

Cynthia Lummis

Senators Want Better SEC Cybersecurity After EFT-Related Hack
Senators Want Better SEC Cybersecurity After EFT-Related Hack
January 14, 2024  |  Cybersecurity

Two U.S. senators want the Securities and Exchange Commission (SEC) to up its cybersecurity game after a recent hack. Last week, someone breached SEC’s account on...

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Sen. Lummis and Crypto Lobby Petition for Coinbase Suit Dismissal
Sen. Lummis and Crypto Lobby Petition for Coinbase Suit Dismissal
August 13, 2023  |  Cryptocurrency

One of the Senate’s biggest cryptocurrency champions has come to embattled exchange Coinbase’s defense. Sen. Cynthia Lummis, R-Wyo., on Friday (Aug. 11) submitted an amicus brief on...

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Revamp of Lummis-Gillibrand Bill Looks to Resurrect Crypto’s American Dream
Revamp of Lummis-Gillibrand Bill Looks to Resurrect Crypto’s American Dream
July 12, 2023  |  Cryptocurrency

U.S. regulation of digital assets isn’t merely the elephant in crypto’s living room. It’s the wildebeest trampling across the domestic crypto industry’s landscape. The U.S....

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Rep. McHenry: House Crypto Legislation Is Weeks Away
Rep. McHenry: House Crypto Legislation Is Weeks Away
April 30, 2023  |  Cryptocurrency

The head of the House Financial Services Committee expects to soon put forth cryptocurrency legislation. Rep. Patrick McHenry, R-N.C., told an audience at CoinDesk’s Consensus...

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Pulse Check on Capitol Hill’s Plans for Crypto Markets Regulation
Pulse Check on Capitol Hill’s Plans for Crypto Markets Regulation
December 14, 2022  |  Cryptocurrency

With crypto markets in turmoil, regulating the volatile industry has become a priority for lawmakers. This pivot comes as the collapse of cryptocurrency exchange FTX...

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Sen. Lummis: FTX Collapse Should Speed Consideration of Crypto Bill
Sen. Lummis: FTX Collapse Should Speed Consideration of Crypto Bill
November 28, 2022  |  Cryptocurrency

U.S. Sen. Cynthia Lummis said the fall of FTX should speed consideration of a bill on regulating cryptocurrencies. Lummis introduced the bill to the legislature...

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US Lawmakers Hope for Stablecoin Bill This Year
US Lawmakers Hope for Stablecoin Bill This Year
November 16, 2022  |  Cryptocurrency

Sens. Kirsten Gillibrand, Patrick Toomey and Cynthia Lummis are reportedly working on legislation that would establish regulations for stablecoins and hope to get it in front...

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US Senators Set to Unveil Crypto Bill
US Senators Set to Unveil Crypto Bill
May 24, 2022  |  Cryptocurrency

A big effort to regulate crypto in the U.S. could come with a bill to set roles for the two government watchdogs, a report from...

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