Senator Cynthia Lummis (R-Wyo.) has expressed optimism that the White House is actively supportive of passing major crypto legislation as soon as July.
What Happened: In a June 25 interview on CNBC’s Squawk Box, Lummis pointed to the GENIUS Act, a stablecoin-focused bill passed by the Senate last week, as evidence of this momentum.
“The White House is ahead of us. They’ve already passed the GENIUS Act,” Lummis said, referring to the administration’s apparent readiness to push forward with crypto regulation.
She emphasized …