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U.S. Senator to Launch Financial Innovation Caucus to Educate Lawmakers on Crypto

Amy Liu

Summary: Cynthia Lummis, the first U.S. senator to own Bitcoin, will launch a Financial Innovation Caucus to educate her fellow-senators about Bitcoin and crypto assets. Lummis announced her intention to establish the caucus, stating:“We hope to use it as a springboard to educate members of the U.S. Senate and their staff about Bitcoin specifically, but about ...

Cynthia Lummis, the first U.S. senator to own Bitcoin, will launch a Financial Innovation Caucus to educate her fellow-senators about Bitcoin and crypto assets.

Lummis announced her intention to establish the caucus, stating:“We hope to use it as a springboard to educate members of the U.S. Senate and their staff about Bitcoin specifically, but about other opportunities for cryptocurrency and financial innovation and blockchain”, noting that research from blockchain forensics firm Chainalysis indicates “cryptocurrency-related crime is smaller than criminal activity with cash.”

By Amy Liu

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