according to Cointelegraph, US Senator Cynthia Lummis tweeted that the Federal Reserve's withdrawal of cryptocurrency guidance is just talk, not real progress. The Federal Reserve has killed companies in the industry and harmed US interests by stifling innovation and shutting down businesses. This struggle is far from over. Cynthia Lummis pointed out that the Federal Reserve's policy statement that Bitcoin and digital assets are considered "unsafe and unsound" has not been withdrawn. She also reiterated that many of the staff behind "Operation Chokepoint 2.0" are still involved in cryptocurrency policy today.
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U.S. Senator Lummis: The Fed's revocation of crypto banking rules is just empty talk, the fight is far from over
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