Senator Lummis Aims to Form Pro-Crypto Coalition in Congress

As a researcher with a background in finance and technology, I find Senator Cynthia Lummis’ efforts to build a coalition of crypto supporters in Congress intriguing. Her use of language reminiscent of former US President Donald Trump’s “crypto army” adds an interesting twist.

As a political analyst, I would suggest that Senator Cynthia Lummis aims to rally a group of senators sharing her pro-cryptocurrency stance, employing a tactic reminiscent of former President Donald Trump’s successful coalition building efforts.

As a researcher studying social media trends in the crypto community, I came across an intriguing post made by Representative Lummis on social networking platform X on Thursday. In his message, he expressed their intention to assemble a supportive legislative force for cryptocurrencies within the halls of Congress.

Previously, Donald Trump, who was a Republican presidential contender and a former US president, expressed his campaign’s intention of creating a “cryptocurrency supporter base” or “community of crypto advocates” in view of the 2024 presidential election.

On May 21, the Trump campaign asserted that Elizabeth Warren, acting on behalf of Biden, aimed to limit Americans’ financial freedoms by publicly declaring her intention to assemble an “anti-cryptocurrency coalition.”

“Starting November 5th, MAGA supporters have the opportunity to join our crypto army by utilizing a new cryptocurrency option. Together, we will harness the power of this innovative financial tool and contribute to building a victorious campaign.”

Trump announced that starting from April 2023, he would accept cryptocurrency contributions, including ether, dogecoin, shiba inu, Solana, and bitcoin. Additionally, in the same month, Trump introduced a collection of 45,000 NFTs (Non-Fungible Tokens) for sale at $99 each. However, sales came to a halt before Trump’s trial in April 2024, as reported by The Block earlier.

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2024-05-23 23:16