Senator Lummis Introduces Digital Asset Tax Legislation

Senator Lummis Introduces Digital Asset Tax Legislation

Today, the senator of the United States Cynthia Lummis (R-Wy) has introduced a complete digital tax activity legislation that could significantly increase the use of bitcoins and other cryptocurrencies by cutting the bureaucratic bureaucracy, modernizing obsolete tax rules and supporting Bitcoin and crypt innovation. “In order to maintain our competitive advantage, we must change our … Read more

Senator Lummis’ New Bill Enables Tax-Exempt Bitcoin Spending — But Thresholds Are Too Low

Senator Lummis’ New Bill Enables Tax-Exempt Bitcoin Spending — But Thresholds Are Too Low

Today, Senator Lummis has presented a bill that would allow US citizens to spend up to $ 300 of Bitcoin on goods and services, with an annual limit of $ 5,000, without having to pay taxes on gravations in transactions. The proposed legislation also provides that the shopping threshold will be adapted for inflation starting … Read more

White House Advocates Lummis’ Crypto Amendments in Infrastructure Bill

White House Advocates Lummis’ Crypto Amendments in Infrastructure Bill

Main points: The White House is Senator Lomes in pushing the amendment of the encryption bill. The Tax Authority to improve the tax compliance with digital assets. The market awaits the detailed effects of legislative changes. Senator Sinatia Lomes’s efforts to include bitcoin reserves in the Investment and Infrastructure Act of Infrastructure, as a discussion … Read more

Senator Lummis Says Trump Supports Her BITCOIN Act That Could Erase U.S. Debt

Senator Lummis Says Trump Supports Her BITCOIN Act That Could Erase U.S. Debt

In a powerful speech to Capitol Hill today, Senator Cynthia Lummis clarified her position: the United States are out of time and outside the traditional options. “Bitcoin Act is the only $ 36T debt solution of our nation,” he said, while mentioning that he has the support of President Donald Trump for his initiative. “I … Read more

U.S. Senator Lummis Proposes Bitcoin Reserve Strategy to Tackle National Debt

U.S. Senator Lummis Proposes Bitcoin Reserve Strategy to Tackle National Debt

Main points: The Bitcoin reserve strategy in the US Senate was revealed as a method of reducing debt. A proposal suggests bitcoin as a 20 -year strategic reserves. The Lummis initiative can include 5 % of Bitcoin supplies completely. American Senator Sentea Lomes of Wyoming suggested “Bitcoin Strategy Bill Bill” on April 20, 2025, with … Read more

Sen. Lummis to Launch Bitcoin Reserve? This New Crypto Could Surge 100X

Sen. Lummis to Launch Bitcoin Reserve? This New Crypto Could Surge 100X

The strategic Bitcoin reserve is now taking shape when Senator Cynthia Lummis shared her vision. Lummis proposed the US purchase of 200,000 BTC (worth around 20 billion USD at current prices) by 2030. How realistic is this idea? Let us unpack the advantages – and pitfalls – of the Lummis proposal. Wear with me because … Read more

Trump’s Digital Assets Executive Order May Not Last — Senator Lummis is Doing it Right

Trump’s Digital Assets Executive Order May Not Last — Senator Lummis is Doing it Right

Follow Anastasia on X. Last night, President Trump signed the executive order “Digital Assents” (EO) and we just say that bitcoiners feel … acids. Initially, the rumors made it disturb that this could be the legislation of Bitcoin Reserve (SBR) for a long wait. But no – not even close. Bitcoin Reserve did not receive … Read more