Who are Bill Lummis & Gillibrand?

Lummis, a Republican from Wyoming, and Gillibrand, a Democrat from New York, first introduced their bill last June. At the time, the popular crypto stablecoin, TerraUSD, had already collapsed but the vast majority of the eventual 2022 turmoil, culminating with the implosion of trading giant FTX, was still to come.

What is the Lummis-Gillibrand Bill?

To date, the Lummis-Gillibrand bill is the most substantial and comprehensive bipartisan effort to provide certainty and clarity to the growing digital asset and blockchain industries.

Who are Cynthia Lummis & Kirsten Gillibrand?

Terms of Service Cynthia Lummis and Kirsten Gillibrand. The Senate’s bipartisan duo, Cynthia Lummis and Kirsten Gillibrand, unveiled their latest effort to regulate the US crypto industry, placing greater emphasis on consumer protection following a string of high-profile company failures last year.

Who is Mark Gillibrand?

Gillibrand,a New York Democrat, hopped on the hype train as a co-author in March, giving the effort a new sheen of bipartisanship. The campaign has fueled a lobbying bonanza on the part of digital asset startups, venture capitalists and consumer watchdogs.