Feb 1, 2024

Sen. Cynthia Lummis (R-Wyo.) answers some rapid fire questions from CoinDesk's Jennifer Sanasie about guidelines needed in crypto, who the lawmaker has spoken to recently from the digital assets industry and her favorite crypto slang terminology.

Video transcript

What is the single most important guideline needed in the crypto industry right now? Consumer protection, safety and soundness. What state do you think is handling crypto regulation the best on a state level besides Wyoming, you can't say your own New York. Uh New York is using the dual banking system, the state banking system very well. And who's the last person you spoke with that's working in this industry. And you can't say me, Parker Lewis, uh who is on the board of a company called Unchained Capital. Can you tell us what you spoke about his new book? Uh It is called uh gradually then suddenly it's about Bitcoin. All right. What's your favorite crypto slang terminology? Mine is Hoddle, for instance. Multi sig is another good one. And if you weren't spending your time serving as a senator, what would you be doing? I would be home with my cows.

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