• Sen. Cynthia Lummis (R-Wyo) said she and others plan to build a “pro-crypto army” in Congress
• This echoes former U.S. President Donald Trump’s statement that he is building a “crypto army” ahead of the 2024 presidential election
• Trump previously announced that his campaign would accept cryptocurrency donations and released an NFT collection
Former President Donald Trump recently stated that his 2024 presidential campaign intends to build a “crypto army.” Now, Senator Cynthia Lummis says she also plans to build a pro-crypto coalition in Congress.
Background on Trump’s Crypto Army Comments
In May 2023, Trump’s campaign said it would accept cryptocurrency donations and build a “crypto army” to help secure victory in the 2024 election. This included accepting bitcoin, ether, solana, dogecoin, and shiba inu donations. Trump also released a NFT collection to raise funds.
Senator Lummis’ Plan to Build a Pro-Crypto Army
On May 23, 2024, Senator Lummis tweeted that she is “building a pro-crypto army in Congress.” This phrasing echoes Trump’s previous comments about building his own crypto army.
Lummis is a well-known advocate for cryptocurrencies in Congress. Along with Senator Gillibrand, she recently introduced a comprehensive cryptocurrency bill seeking to provide regulatory clarity.
By building a pro-crypto coalition among lawmakers, Lummis aims to advance crypto-friendly policies and legislation in Congress. This could help counter efforts to over-regulate the industry.
Conclusion
The phrasing used by Senator Lummis directly mirrors the language previously used by Trump regarding building a “crypto army.” This demonstrates Lummis’ intent to rally further crypto advocates in Congress to support the growing digital asset industry. With the 2024 election approaching, bipartisan cryptocurrency policy initiatives may continue gaining momentum.
