Wyoming Senator Cynthia Lummis, one of the US senators behind numerous pro-crypto pieces of legislation, plans to present a comprehensive bill to manage digital assets next year.

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According to a Thursday report by Bloomberg, Lummis’ proposed bill aims to establish legal clarity on stablecoins, instruct regulators on which cryptos belong to which asset classes and provide consumer safeguards. Furthermore, the senator allegedly advocated establishing an agency to monitor the crypto market under the combined jurisdiction of the Securities and Exchange Commission and the Commodity Futures Trading Commission.

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On Twitter, Lummis urged Americans to approach their senators and ask them to support the measure, adding she was searching for bipartisan cosponsors. Despite being a staunch conservative who voted against a commission to investigate the Jan. 6 attack on the Capitol and against impeaching the former president, the Wyoming senator previously collaborated with Democrats Mark Warner and Kyrsten Sinema to “fix” the definition of broker in the infrastructure bill signed into law in November.

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To be put to a vote, any legislation introduced in the Senate would almost certainly need the backing of at least 60 members. Democrats now control 50 of the Senate’s 100 seats, with Vice President Kamala Harris serving as a tiebreaker if necessary.

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Lummis, a pro-Bitcoin supporter before being elected to the Senate, has stated that she bought Bitcoin (BTC) worth $50,001 to $100,000 as part of the Stop Trading on Congressional Knowledge Act. Illinois Representative Marie Newman, Texas Representative Michael McCaul, Pennsylvania Representative Pat Toomey, Alabama Representative Barry Moore, New Jersey Representative Jefferson Van Drew, and Florida Representative Michael Waltz are among the other members of Congress who have reported investments in cryptocurrency.

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On the opposite side of the hill, progressive legislator Alexandria Ocasio-Cortez recently stated on social media that holding Bitcoin or other digital assets was wrong for her. According to the Democratic House member, such investments might jeopardize members’ neutrality because they have access to “sensitive information and upcoming policies.”