Senator Cynthia Lummis: Bitcoin Is A Commodity, Other Crypto Assets Are Securities

U.S. Senator Cynthia Lummis (R-WY), some of the outspoken political advocates for Bitcoin, shared in an interview with CNBC on Tuesday that she believes Bitcoin is a decentralized commodity, and that the opposite crypto property behave like securities.

When questioned whether or not and to what extent crypto property outdoors of Bitcoin have been “here to stay,” Cynthia Lummis responded, “I do think Bitcoin is here to stay,” the senator went on to say that she thinks the opposite cryptos aren’t.

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