Senators Own Cryptocurrency Assets as They Shape Rules for Industry – The Wall Street Journal

December 20, 2021 by No Comments

WASHINGTON—Sens. Pat Toomey (R., Pa.) and Cynthia Lummis (R., Wyo.) sit on the powerful Senate Banking Committee and have been advocates for a light government touch toward the growing—and largely unchecked—cryptocurrency market.

They also own cryptocurrency assets. Ms. Lummis’s roughly $250,000 of bitcoin makes her the most heavily invested U.S. lawmaker in the digital asset. Mr. Toomey has smaller holdings in crypto-related investment vehicles. Together they are the only two senators with such investments, according to a Wall Street Journal review of public financial disclosures.

Source: https://www.wsj.com/articles/senators-own-cryptocurrency-assets-as-they-shape-rules-for-industry-11640005202

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