๐จ Senator Lummis: This administration is the most supportive of digital assets in American history!
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๐ข Official Statements:
โ Senator Cynthia Lummis praised the Trump administration and described it as "the most supportive of digital assets in U.S. history"
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โ The statement came after the signing of the GENIUS Act and the implementation of a historic executive order to regulate stablecoins and Bitcoin
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โ She confirmed that these steps pave the way for making America a global leader in financial innovation
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๐ฆ Political Context:
โ David Sacks was appointed as the "Crypto Czar" to lead digital policies
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โ Senator Lummis proposed the creation of a strategic reserve of Bitcoin to protect the economy from inflation
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โ Support also includes the removal of previous restrictions such as SAB 121 and Operation Chokepoint 2.0
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๐ก Why does it matter?
โ It shows rare consensus between the government and lawmakers on supporting crypto
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โ It paves the way for massive institutional flows into digital assets
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โ It enhances America's position as a global hub for financial technologies
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โDo you think this administration will usher in a new era of financial innovation?
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