Cynthia Lummis argues against Mnuchin rumours of harsh regulation on crypto wallets

Quick Take

1 minute read

  • Stephen Mnuchin has been rumoured to drop a hefty piece of legislation in regards to the crypto industry before he leaves at the end of this year.
  • As a result of the ruling, it could potentially have a big impact or even ban self custody digital asset wallets. 

Stephen Mnuchin, the secretary of the Treasury for the United States has been rumoured to drop a hefty piece of legislation in regards to the crypto industry before he leaves at the end of this year.

As a result of the ruling, it could potentially have a big impact or even ban self custody digital asset wallets. The United States Senator-elect, Cynthia Lummis has said that this ruling could be harmful to the future of the industry.

Taking to Twitter at the end of last week, Cynthia had a lot to say in a long Twitter thread.

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