# Senator Cynthia Lummis on Crypto Support in US Congress - Unchained Podcast

Source: https://unchainedcrypto.com/senator-cynthia-lummis-on-why-crypto-now-has-bipartisan-support-in-congress
Kiwi News: https://news.kiwistand.com/stories/Senator-Cynthia-Lummis-on-Crypto-Support-in-US-Congress-Unchained-Podcast?index=0x6656d052a76cacfd677d827bb76b5d9c5736c33d499b870d56518b444eaa6ffbb1d6a304
Submitted by @scirock on 2024-05-29 UTC, 1 upvote, 1 comment

## Summary

Senator Cynthia Lummis, a Republican from Wyoming, discusses recent crypto regulatory action in Washington, including bipartisan votes to repeal SAB 121 and the SEC's approval of spot ether ETFs. In the Unchained interview, she says the SEC's approach to regulating the industry "is not the American way" and disagrees with how Gary Gensler's SEC is handling it. She also addresses the lack of a clear reason for the SEC's change of heart on ether ETFs, Wyoming-chartered Custodia Bank's denial of a master account, and the ban on a Chinese-owned, Wyoming-based Bitcoin mining firm.

## Comments

**@scirock**: At some point she says "US Dollars"  plural, totally validating the stable coins