Opinion
Open banking facilitates access to rural financial services and digital asset integration, but traditional banks pose potential restrictions.
Sen. Cynthia Lummis
The author is an independent contributor writing an opinion or expert take. Views expressed are the author’s own and may not reflect Cointelegraph’s editorial position. Sen. Cynthia Lummis is a Republican first elected to the United States Senate from Wyoming in 2020. She served previously as its U.S. representative from 2009–17 and as its state treasurer from 1999–2007.
Open banking will keep America at the forefront of financial innovation - Opinion
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Sen. Lummis: My proposal with Sen. Gillibrand empowers the SEC to protect consumers Lummis-Gillibrand would allow the SEC to figure out which cryptocurrencies fall under its regulatory purview, leaving the rest to the CFTC.