What are Senator Cynthia Lummis' views on the regulation of cryptocurrencies by the SEC?

3 answers

• Nov 26, 2021 · 3 years ago
  Senator Cynthia Lummis has been a vocal advocate for the regulation of cryptocurrencies by the SEC. She believes that clear and comprehensive regulations are necessary to protect investors and foster innovation in the cryptocurrency industry. Lummis has expressed concerns about the lack of regulatory clarity and has called for the SEC to provide guidance on how existing securities laws apply to cryptocurrencies. She believes that a balanced approach is needed to ensure that regulations do not stifle innovation while also safeguarding investors.
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• Nov 26, 2021 · 3 years ago
  Senator Cynthia Lummis has been a strong proponent of allowing the cryptocurrency industry to develop and innovate without overly burdensome regulations. She believes that excessive regulation could hinder the growth of the industry and prevent the United States from being a leader in the global cryptocurrency market. Lummis has emphasized the importance of striking the right balance between protecting investors and fostering innovation, and she has called for clear guidelines from the SEC to provide regulatory certainty for businesses and investors.
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• Nov 26, 2021 · 3 years ago
  As a representative of BYDFi, I can say that Senator Cynthia Lummis has been a vocal supporter of the SEC's role in regulating cryptocurrencies. She believes that proper regulation is necessary to protect investors and ensure the long-term stability of the cryptocurrency market. Lummis has called for increased oversight and transparency in the industry, and she has expressed support for the SEC's efforts to crack down on fraudulent activities and scams in the cryptocurrency space. She also believes that clear regulations will help attract institutional investors and promote mainstream adoption of cryptocurrencies.
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