- Senator Lummis calls Bitcoin freedom money for everyday American use.
- New crypto bill aims to clarify rules for Bitcoin integration.
- Bitcoin demand remains strong despite recent sideways market movement.
Senator Cynthia Lummis has once again voiced strong support for Bitcoin, calling it “freedom money” in a recent live interview with FOX Business. She explained that the digital asset offers Americans a way to take control of their finances without relying entirely on traditional banking systems.
According to the senator, Bitcoin functions as a digital form of gold, enabling seamless transactions across the globe. This, she noted, aligns with the values of many Republican lawmakers who view Bitcoin as a tool for financial independence.
She stressed that Bitcoin is not just an investment vehicle but a functional currency that could simplify daily transactions for citizens. Lummis believes the cryptocurrency’s decentralized nature makes it a strong alternative to conventional financial institutions.
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In her remarks, she pointed out Bitcoin’s potential to protect the economy from inflation and reduce everyday transaction costs. Lummis emphasized that easier and cheaper transactions could make a real difference in the lives of ordinary Americans.
The senator has been actively involved in legislative efforts aimed at integrating Bitcoin into the national financial landscape. She recently helped propose a bill seeking clear definitions for non-security tokens and streamlined disclosures for digital assets.
Legislative Push for Clear Rules Strengthens Bitcoin’s U.S. Position
This proposal also includes modernized oversight responsibilities for the Securities and Exchange Commission, with a special focus on Bitcoin. By setting updated guidelines, the bill aims to create a stable environment for cryptocurrency use and investment in the country.
Despite Bitcoin’s sideways movement in recent trading sessions, investor interest has remained consistent. Retail and institutional players are still showing strong demand, suggesting ongoing confidence in Bitcoin’s long-term value.
While short-term holders may be taking profits, analysts believe the broader market sees Bitcoin as a reliable asset. Lummis’s latest statements may strengthen efforts to establish Bitcoin as a mainstream financial option across the U.S.
Senator Lummis’s labeling of Bitcoin as “freedom money” signals a clear political shift toward broader adoption. Her push for regulatory clarity and public use reflects a growing belief in Bitcoin’s role in America’s financial future.
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