Senator Cynthia Lummis: urgent appeal for quickly adopting crypto legislements until the end of the year

Senator Cynthia Lummis: urgent appeal for quickly adopting crypto legislements until the end of the year
The urgency of the crypto regulation: Senator Cynthia Lummis in conversation with CNBC
In a recent interview with CNBC, Senator Cynthia Lummis emphasized the importance of crypto legislators that should be adopted by the end of the year. In view of the increasing spread of cryptocurrencies and the associated challenges for the financial markets, Lummis emphasizes that timely legal regulations are urgently needed to protect both investors and consumers.
The senator, who is actively committed to a clear and fair regulation of digital currencies, sees a well -thought -out legislation to strengthen confidence in the cryptocurrency market. With clear guidelines, uncertainties can be minimized and a safer frame for trade can be created.
lummis appeals to her colleagues in the Senate to advance the legislative work and take the opportunity to create a comprehensive set of rules. The adoption of such a law could not only promote market stability, but also support innovations in blockchain technology.
An early legislative framework could also boost the growth of the sector and position the USA as a leading location for crypto innovations. The senator sees an urgent need for action to ensure that legislation keeps up with the rapid development of technology.
Finally, Lummis emphasizes that it is crucial for a sustainable future of the cryptocurrency market that legislators are now acting and specifying a clear direction. This is the only way to create a regulated, safe and trustworthy market that meets both the interests of consumers and the requirements of industry.