Senator Lummis criticizes Fed's crypto guidance withdrawal as 'noise, not real progress'

Senator Cynthia Lummis said the Federal Reserve’s recent decision to withdraw certain crypto-related supervisory directives is “just noise, not real progress,” criticizing the move as superficial in a statement shared on April 25 on X. Lummis dismissed the withdrawals as insufficient. She accused the Fed of “assassinating companies within the industry” by previously restricting access […]