US Senator Cynthia Lummis (R-WY) has reiterated her stance that crypto assets are not the problem, but rather bad actors are the ones causing issues in the industry. In a recent video statement, Lummis emphasized that “crypto assets are not the enemy, bad actors are.”
She also highlighted the need for federal investigators to crack down on bad actors in the crypto space.
Lummis has been a vocal advocate for the crypto industry, emphasizing that it would be a historic mistake to crush an entire emerging industry based on incorrect data.
Lummis Makes It Clear: Go After The Bad Guys
The lawmaker has consistently highlighted the need for a robust regulatory framework to prevent bad actors from operating in the crypto asset space.
$900 million in non-crypto (fiat currency) money laundering vs $900,000 in crypto money laundering.
Crypto is clearly not the problem. Criminals and bad actors are.
It would be a historic mistake to crush an entire emerging industry based on incorrect data. ht
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