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Senator Cynthia Lummis, the first senator in the history of the United States to own Bitcoin, has revealed plans to launch a Financial Innovation Caucus to educate her fellow senators on cryptocurrency and digital assets.
Lummis stated the caucus will first work to fight the false narrative about digital assets and crypto being used for money laundering, noting that research from blockchain forensics firm Chainalysis indicates “cryptocurrency-related crime is smaller than criminal activity with cash.”
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