US Senator Cynthia Lummis Speaks Out To Protect Bitcoin Against Biden’s Dictatorship
Lummis vows to defend individuals' rights to control their own keys and operate their own nodes, denouncing what she sees as an attempt by the administration to criminalize core aspects of the Bitcoin network and decentralized finance
Senator Cynthia Lummis Condemns Biden Administration's Bitcoin Policies
In a tweet, Senator Cynthia Lummis criticizes the Department of Justice's recent actions, particularly its assertion that non-custodial software could constitute a money transmission service, which she argues contradicts existing Treasury guidance and violates the rule of law.
Lummis vows to defend individuals' rights to control their own keys and operate their own nodes, denouncing what she sees as an attempt by the administration to criminalize core aspects of the Bitcoin network and decentralized finance.
Her remarks come in response to recent cases where DOJ prosecutors sought criminal charges against software developers for alleged unlicensed money transmission. These cases, including indictments against Bitcoin mixer Samourai Wallet and Tornado Cash developer Roman Storm, have drawn criticism from the crypto community for their potential chilling effect on innovation.
