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Cynthia Lummis: “There is litigation on [special purpose depository…”

Featuring: Cynthia Lummis, Republican | U.S. Senate Wyoming

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BITCOIN's Next Act: A Conversation with Sen. Cynthia Lummis | Wyoming Blockchain Symposium

Published | Video Starts at 10:49

We're still grappling with a. That is a huge obstacle in providing master accounts. And we continue to fight that fight. And we will continue to fight that fight. There is litigation on [special purpose depository institution legislation] currently in the 10th Circuit Court of Appeals. We're awaiting a decision about that case any week now. We hope it's productive, but we also want to make sure that we continue to work with Mickey Bowman and others at the Fed. (10:49–10:55)

CLAIM

Asserts that there is ongoing litigation regarding special purpose depository institution legislation in the 10th Circuit Court.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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