Senator Cynthia Lummis took the Nakamoto stage at Bitcoin 2026 in Las Vegas on Monday, April 27, and delivered the line the U.S. crypto industry has been waiting eight months to hear. The Senate, she told the conference floor, “will…
Kraken Becomes First Crypto Bank to Receive Federal Reserve Master Account
3 Key Takeaways Bank of America CEO Brian Moynihan warned that $6 trillion in bank deposits, roughly 30-35% of all U.S. commercial bank deposits, could migrate to stablecoins if Congress allows interest-bearing stablecoin products The banking industry’s fear is simple…
Senator Cynthia Lummis Rebuts Elizabeth Warren: Fiat’s $900M Laundering vs. Crypto’s $900K. Crypto not the problem
US Senator Cynthia Lummis countered Senator Elizabeth Warren’s criticism of cryptocurrency, highlighting a significant disparity in the volume of money laundered through fiat currency compared to cryptocurrency. Senator Lummis emphasized that over $900 million has been laundered using fiat, starkly…