Joe Skipper/Reuters
Senator Cynthia Lummis urged Elon Musk to move to Wyoming, saying it had the best bitcoin laws. Wyoming is the perfect state for innovation, Lummis told Yahoo Finance.
Lummis said she hasn t heard back from Musk, who recently moved to Texas.
A Wyoming senator has urged Tesla CEO Elon Musk to move to her state, because it has the best laws for bitcoin and other digital currencies. He s a great innovator and Wyoming is the perfect state for innovation, Senator Cynthia Lummis told Yahoo Finance in an interview published on Friday.
She added: We want to make sure that we have a place for people who understand the benefits of Bitcoin to locate their business.
Pro-Bitcoin US Lawmaker Cynthia Lummis Plans to Convince Janet Yellen BTC Is Great Store of Value
Pro-bitcoin U.S. Senator Cynthia Lummis has been appointed to the Senate banking committee. She has been talking to Janet Yellen and has outlined her plans to help the new Treasury Secretary and other U.S. lawmakers understand that bitcoin is a great store of value.
Lummis says that Yellen has an open mind on this topic even though she currently thinks that cryptocurrencies are mainly used for illicit financing.
Senator Lummis Plans to Convince Congress and Janet Yellen About the Benefits of Bitcoin
Measuring the economic success of presidents: The Wake Up for Monday, Feb. 8, 2021 Cliff Pinckard, cleveland.com
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The day will start out very cold, with temperatures around 10 degrees this morning and wind chills making it feel even colder. It eventually will warm to the mid-20s with slight chances of snow showers. It will stay around 20 degrees overnight and we can expect snow, with 1-3 inches possible by Tuesday morning. Read more.
The headlines
Presidential benchmarks: How can you measure the economic success of a president? Complicated issues get broken down to the most simple data points. As Joe Biden begins his term, Rich Exner takes a look at 15 economic benchmarks, from unemployment to the cost of a Big Mac.