
Lummis blasts Senate Democrats over failed consumer protections in crypto bill
- —Lummis said Democrats "moved the goalposts" in crypto bill talks
- —Democrats voted against limits on politicians' personal crypto investments
- —The critical tweet drew more than 11,700 likes and 2,173 retweets
- —Lummis warned of weakening U.S. leadership in the crypto industry
Why it matters: The failure of consumer protection and ethics provisions adds to uncertainty around U.S. crypto regulation and weighs on the market.
Source: Cryptonews.net
More on this
Regulation · 21:53SEC and CFTC draw the DeFi line: control, not branding, decides regulation
Regulation · 21:51CLARITY Act failure hits Coinbase, Circle and Strategy as shares fall 5–10%
Regulation · 19:00South Korea approves blockchain payment pilot for government spending with six banks