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

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

When questioned whether and to what extent crypto assets outside of Bitcoin were “here to stay,” Cynthia Lummis responded, “I do think Bitcoin is here to stay,” the senator went on to say that she thinks the other cryptos are not.

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