The sour crypto landscape has done little to sway Senator Cynthia Lummis off from Bitcoin, as she is still advocating for the inclusion of BTC in retirement plans.
and that she’d still like to see the asset included in United States 401 retirement plans:
“I'm very comfortable with making sure that people can include Bitcoin in their retirement funds because it's just different than other cryptocurrencies.” What she was not sure about, however, was everything else — suggesting that the “jury's still out on other cryptocurrencies.” “I personally believe that because there are only going to be 21 million Bitcoin that are mined, that Bitcoin will go up,” Lummis said, adding that it's “a personal belief, just based on its scarcity.”on retirement plansAt the time, she had vouched for the inclusion of other certain cryptos, however, it appears that crypto winter and the recent FTX debacle may have shifted her opinions slightly.
“I’d also like to see individuals be able to use Bitcoin and cryptocurrencies of their preference that are safe, that have met the hurdles of anti-money laundering and Bank Secrecy Act,” she said.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The Reported Net Worths Of All 46 Presidents Of The United StatesThe US president to massive multimillion dollar book deal pipeline that's happening in the late 2010s is honestly fascinating.
Read more »
Can you guess the most unfriendly state in the United States?In the U.S., each state has a personality of its own, and some states are known as being more welcoming than others. Attempting to quantify …
Read more »
Soccer journalist Grant Wahl’s body returned to United StatesThe body and possessions of soccer journalist Grant Wahl were repatriated to the United States on Monday after his death last week while covering the World Cup in Qatar, a senior State Department official said.
Read more »
Gold Price Forecast: XAU/USD lures bears on rising wedge confirmation ahead of United States inflationGold Price Forecast: XAU/USD lures bears on rising wedge confirmation ahead of United States inflation – by anilpanchal7 Gold XAUUSD Inflation SEO Fed
Read more »
Hospitalizations signal rising COVID-19 risk for US seniorsCoronavirus-related hospital admissions are climbing again in the United States
Read more »