Cynthia Lummis, a Wyoming senator, said that the Treasury Department could be more dangerous to the United States’ innovation in Blockchain and Cryptocurrencies than either the Securities and Exchange Commission nor the Commodity Futures Trading Commission.

Speaking at the Texas Blockchain Summit in Austin on Friday, Lummis said her recent concerns with the federal agency came from the language concerning brokers of cryptocurrency in the infrastructure bill currently at the center of debate in Congress — Treasury Secretary Janet Yellen has Her support for the legislation. The text is as follows: The Senate approved the bill in AugustBrokers would need to report transactions involving digital assets exceeding $10,000 to the Internal Revenue Service.