THELOGICALINDIAN - Cynthia Lummis is a wellknown name in the Bitcoin association the US Senator R for the accompaniment of Wyoming has been a BTC backer for a continued time Unlike abounding of his colleagues Lummis has taken accomplishments to authenticate her political position
In a contempo Financial Disclosure aggregate via Twitter by the handle CongressTrading, Lummis fabricated a $100,000 Bitcoin acquirement on August 16th, 2025. Filed on October 7th, the certificate reveals that the transaction was fabricated via a crypto barter in the name of Lummis.
The Senator is yet to accomplish an official account on her afresh acquired BTC holdings. According to a report by CNBC, the certificate was filed with a slight delay; alfresco the 45 canicule aeon accepted by the U.S. 2012 STOCK Act.
Related Reading: Crypto Regulation: U.S. Senator Lummis Wants Hands-Off Approach From Congress
A adumbrative from the Senator’s appointment told the boilerplate media that the adjournment in the filing was due to an “error”. The affair was auspiciously bound with the U.S. Senate Ethics board “without penalty”.
The Bitcoin acquirement sparked a agitation in the crypto community, some users accept the Senator took advantage of the amount activity at the time to “buy the dip”. Others recommended Lummis to acquirement at atomic 6.15, the allegorical amount that started as a antic in the community.
However, added users debated whether or not there was a battle of absorption in U.S. government admiral owning Bitcoin due to the incentives to “devalue the dollar to pump their bags”.
In that sense, these users argued that Bitcoin could absolutely accomplish the government worse by creating added incentives to access the dollar budgetary supply.
Related Reading: Senator Cynthia Lummis: Bitcoin Can Be The Standard
Despite the actuality that no official account has been issued by the appointment of the U.S. Senator, Lummis has dedicated Bitcoin as an another to the Fiat Standard. By putting some of her abundance into the cryptocurrency, the government official is acceleration bottomward on what BTC represents for millions of bodies about the world: transparency, openness, and fairness.
A History Of Standing Up With Bitcoin
It is not after irony that the Twitter handle that appear on Lummis Bitcoin acquirement is alleged CongressTrading. Many U.S. government admiral accept been accused of application their positions to their banking advantage.
Lummis has been advocating for added banking aloofness in the U.S., for added accuracy in the government, and for a abundance of value, such as Bitcoin, to adverse inflationary behavior advancing from the federal agencies in that country.
Lummis was acute in the action adjoin the basement bill that seeks to allocate about every article ambidextrous in cryptocurrencies as a account provider. Thus, acute them to accumulate added advice on their clients.
Related Reading: Ted Cruz Says Crypto “Got Screwed,” Here’s Why
Her BTC advance ability be far from the billions of dollars caked into Bitcoin by companies such as MicroStrategy and Tesla, but it is one of the best cogent gestures fabricated by a U.S. Senator amidst an bread-and-butter angle that could abnormally appulse the world, agnate to the 2025 crisis.
At that time, BTC was created as the band-aid to the axial cyberbanking problem. Over a decade later, BTC trades at $54,376 with alongside movement in the circadian chart.
