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Senator Cynthia Lummis discloses a bitcoin purchase worth up to $100,000

Senator Cynthia Lummis discloses a bitcoin purchase worth up to $100,000



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  1. tldr; US Senator Cynthia Lummis, a Republican from Wyoming, has disclosed a purchase of bitcoin worth between $50,001 to $100,000. The purchase was disclosed outside of the 45-day reporting deadline set by The Stop Trading on Congressional Knowledge (STOCK) Act. The act requires members of Congress to disclose the purchase and sale of individual stocks, bonds and commodity futures within 45 days.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

  2. They sure seem to be emphasizing the “outside the 45 day” thing in that article, but really does Bitcoin even fit under that law? It isn’t a “stock, bond, or commodity futures” – it’s none of the listed things requiring reporting under that law so her disclosing it at all is going above and beyond what seems to be legally required as of right now.

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