Senator Lummis recently shared several photos, revealing behind-the-scenes discussions on Bitcoin and crypto market regulation legislation. The buzz is significant — it not only shows how tight the legislative push is but also indicates that Congress's attitude toward crypto regulation is becoming more pragmatic.
As one of the most staunch supporters of BTC in Congress, Lummis's stance is clear: "I strongly support self-custody, personal wallet management, and wealth sovereignty. I have the right to store and manage my assets in the way I want." This statement hits the core of the crypto industry — users having direct control over their assets, rather than being dependent on financial institutions.
The upcoming market structure bill is seen as a watershed moment for the US crypto industry. The bill involves key issues such as the division of regulatory responsibilities, how assets are defined, and compliance pathways. Once the rules are set, innovative projects can confidently establish themselves in the US, and institutional funds will have fewer concerns about entering.
Lummis's remarks essentially endorse the idea that "compliance and decentralization can coexist." Her view is that reasonable regulation should not cut off user freedom; instead, it should protect investors while maintaining the technological and financial independence represented by Bitcoin and crypto assets. This call is driving legislation toward a more industry-friendly direction.
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Senator Lummis recently shared several photos, revealing behind-the-scenes discussions on Bitcoin and crypto market regulation legislation. The buzz is significant — it not only shows how tight the legislative push is but also indicates that Congress's attitude toward crypto regulation is becoming more pragmatic.
As one of the most staunch supporters of BTC in Congress, Lummis's stance is clear: "I strongly support self-custody, personal wallet management, and wealth sovereignty. I have the right to store and manage my assets in the way I want." This statement hits the core of the crypto industry — users having direct control over their assets, rather than being dependent on financial institutions.
The upcoming market structure bill is seen as a watershed moment for the US crypto industry. The bill involves key issues such as the division of regulatory responsibilities, how assets are defined, and compliance pathways. Once the rules are set, innovative projects can confidently establish themselves in the US, and institutional funds will have fewer concerns about entering.
Lummis's remarks essentially endorse the idea that "compliance and decentralization can coexist." Her view is that reasonable regulation should not cut off user freedom; instead, it should protect investors while maintaining the technological and financial independence represented by Bitcoin and crypto assets. This call is driving legislation toward a more industry-friendly direction.