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Sen. Cynthia Lummis Says CBDCs 'Are Unnecessary' in the U.S.

Feb 1, 2024

Sen. Cynthia Lummis (R-Wyo.) joins "First Mover" to weigh in on the progress for crypto-related legislation in 2024, the aftermath of spot bitcoin ETFs being approved in the U.S. and why the lawmaker thinks a central bank digital currency (CBDC) in America is "unnecessary."

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    Jennifer Sanasie
    Jennifer Sanasie
    Jennifer Sanasie is an anchor and producer at CoinDesk. She is a seasoned journalist, entrepreneur, and Web3 enthusiast who has made a significant impact in various industries. Jennifer previously anchored and produced at News24, the largest digital publisher in Africa. She has over a decade of experience reporting in the U.S., Canada and South Africa. Before joining CoinDesk, Jennifer worked with various Web3 companies in content and marketing. Jennifer holds her MBA from the Rotman School of Management, a Master of Laws in Innovation and Technology from the University of Toronto, a BA in Media Studies from the University of Guelph and a Diploma in Journalism from Humber College. Jennifer is a limited contributor at Game7 DAO and Decent DAO. She owns BTC, ETH, USDC, USDT and some NFTs. She also holds a handful of altcoins worth under $1,000.
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