Senator Cynthia Lummis said that under President Donald Trump’s administration, the U.S. is embracing digital assets for the first time at the federal level, and she is eager to collaborate on stable-coin and market-structure legislation while safeguarding privacy and maintaining America’s fintech leadership

Date

July 3, 2025

Quotes that support claims

"For the first time in U.S. history, we have a president who sees the value in embracing digital assets, and already we are working to capitalize on that,” said Senator Cynthia Lummis (R-WY). “In Wyoming, we have worked for nearly a decade to embrace digital assets, and it is exciting to see the federal government beginning to follow in the Cowboy State’s footsteps. As we celebrate crypto week, I am thrilled to partner with Chairman Hill and Chairman Thompson to pass comprehensive stablecoin legislation, establish clear market structure rules, and ensure that any central bank digital currency respects Americans’ privacy and financial freedom. Together, we are going to maintain America’s competitive edge and ensure the United States remains the global leader in financial technology while preserving the principles that make our economy the strongest in the world.”

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Week 27 of 2025