US Senator Lummis: The Federal Reserve's withdrawal of crypto banking rules is just talk, and the fight is far from over
2025-04-26 08:49:47
According to Cointelegraph, US Senator Cynthia Lummis tweeted that the Federal Reserve's withdrawal of cryptocurrency guidance is just empty talk and not real progress. The Fed has stifled companies in the industry and harmed American interests by stifling innovation and shutting down businesses. The fight is far from over. Cynthia Lummis pointed out that the Fed's policy statement on bitcoin and digital assets being considered "unsafe and unsound" has not been withdrawn,. She also reiterated that many of the staff behind "Operation Chokepoint 2.0" are still involved in crypto policy today.
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