Senator Lummis Criticizes Federal Reserve's Stance on Cryptocurrencies

AI Summary

According to BlockBeats, U.S. Senator Cynthia Lummis expressed her dissatisfaction with the recent actions taken by the Federal Reserve regarding cryptocurrency guidance. She stated that withdrawing the guidance is just talk and not real progress. Lummis accused the Federal Reserve of stifling companies operating in this space and harming U.S. interests by suppressing innovation and shutting down businesses. She emphasized that the fight is not over yet and vowed to hold the Federal Reserve accountable until the digital asset sector receives more than just a lifeline, calling for a fair opportunity instead.

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