PK Press Club — U.S. Senator Cynthia Lummis of Wyoming has been named chairwoman of the Senate Banking Subcommittee on Digital Assets. The announcement signifies its growing role in shaping the country’s policies regarding digital assets, including cryptocurrencies like .
In a recent statement, Lummis expressed its commitment to the development of a comprehensive legal framework for digital assets. She cited the importance of these assets in financial innovation and the need for the United States to maintain its position as a global leader in this area.
“Digital assets are the future, and if the United States is to remain a global leader in financial innovation, Congress must urgently pass bipartisan legislation establishing a comprehensive legal framework for digital assets and strengthening the dollar American with a strategic reserve of Bitcoin.” Lummis said.
She further expressed her gratitude for the trust her colleagues placed in her to chair this historic subcommittee. Lummis also outlined his intention to bring bipartisan legislation to President Trump’s desk this year aimed at securing the nation’s financial future.
With this new role, Lummis is poised to influence the direction of digital asset regulation in the United States. It should focus on urgently establishing a legal framework for digital assets and strengthening the US dollar with a strategic reserve of Bitcoin.
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