Lummis Criticizes Fed’s Crypto Withdrawal, Fueling Market Uncertainty

Senator Cynthia Lummis has voiced strong criticism of the Federal Reserve’s decision to withdraw crypto-related guidance, highlighting potential regulatory uncertainty and hindering innovation within the digital asset market. Her comments come as the crypto markets react cautiously with a mixed bag of responses. Despite gains in Bitcoin and Ethereum, Lummis emphasizes the need for clear regulatory frameworks instead of short-term adjustments. ]