Sen. Lummis echoes Trump, notes plan to build a 'pro-crypto army' in Congress
Quick Take
- U.S. Senator from Wyoming Cynthia Lummis said that she and others plan to build a “pro-crypto army” in Congress.
- The phrasing echoes that of former U.S. President Donald Trump, who said he is building a “crypto army” ahead of the 2024 election.
Pro-crypto United States Senator Cynthia Lummis, R-Wyo., intends to build a crypto-positive coalition among U.S. lawmakers, borrowing phrasing from former U.S. president Donald Trump.
"We are building a pro-crypto army in Congress," Lummis wrote on the social media platform X Thursday.
Former U.S. President and current Republican presidential candidate Donald Trump previously stated that his campaign intends to build a "crypto army" ahead of the 2024 presidential election.
"Biden surrogate Elizabeth Warren said in an attack on cryptocurrency that she was building an 'anti-crypto army' to restrict Americans’ right to make their own financial choices," the Trump campaign wrote in a May 21 release. "MAGA supporters, now with a new cryptocurrency option, will build a crypto army moving the campaign to victory on November 5th!"
Trump stated that he would accept cryptocurrency donations, including bitcoin, ether, solana, dogecoin and shiba inu. Trump also released an NFT collection of 45,000 digital collectibles costing $99 per token in April 2023, though trading for the collection fell ahead of Trump's criminal trial in April 2024, The Block previously reported.
Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.
© 2024 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
