According to Lummis, he is working on a project for anyone to use cryptocurrencies.
Wyoming senator is one of the best known political faces that supports Bitcoin.
The American senator Cynthia Lummis announced that she works in a legislative amendment to prevent Bitcoin (BTC) users and other cryptocurrencidas in front of exaggerated tax sanctions.
“I am working on an OBB amendment to ensure that Americans can use digital assets without fear of tax sanctions,” wrote Lummis in a post this Monday.
The OBBB, which is the acronym for One Big Beautiful Bill (In Spanish: Great and beautiful bill), it is a debate legislation proposed by a 5% special tax on money transfers abroad as remittances, including means such as cryptocurrency exchanges.
Lummis indicated that Soon he will announce more advances about his efforts to reduce fiscal pressure which supposes this bill for the community of digital assets.
In addition, in a subsequent publication, the Wyoming senator critical the tax regime in force in the United States, noting that Miners and those who do staking must pay taxes twice: one when receiving the block rewards and another when selling them.
“It is time to stop this unfair tax treatment and ensure that the United States is the worldwide superpower of Bitcoin and cryptocurrencies,” said Lummis.
These statements occur weeks after the senator participated in the Bitcoin Conference 2025, where he reaffirmed her vision of Bitcoin as a strategic asset for the United States.
As Cryptonotics reported, in that Lummis event, it praised the legislative advances of jurisdictions such as Arizona, New Hampshire and Texas, which have promoted and approved laws to create state reserves in BTC. As indicated, more than 30 states are evaluating similar proposals, a reflection of a historical trend in the US.
He also noted that he has had conversations with high military commanders, which recognize the value of BTC as a geopolitical key asset.
In this way, Lummis reinforces the Pro Bitcoin turn that the Trump administration has openly promoted since January. In a recent press conference, the president described BTC as “incredible” and said Its high levels of adoption contribute to relieve pressure on the dollar.
In addition, the president highlighted the role of the ecosystem in the creation of employment and economic growth, and stressed that the United States must maintain leadership in this industry to prevent it from falling into the hands of powers such as China.
Since his return to power, Trump has promoted a decidedly favorable agenda to cryptoactives. Among his actions are the pardon to Ross Ulbricht, the elimination of regulations that restricted the sector and the signing of an executive order to create a strategic Bitcoin reserve.
On the other hand, the Republican leader has also expressed his intention to approve as soon as possible the Genius law, aimed at regulating the Stablecoins market backed by dollars. This project has already been approved in the Senate and right now expects debate in the House of Representatives.
