PakGazette – U.S. Senator Cynthia Lummis of Wyoming has been named chair of the Senate Banking Subcommittee on Digital Assets. This announcement signifies its growing role in shaping the country’s policies regarding digital assets, including cryptocurrencies such as.
In a recent statement, Lummis expressed his commitment to developing a comprehensive legal framework for digital assets. He cited the importance of these assets in financial innovation and the need for the United States to maintain its global leadership position in this area.
“Digital assets are the future, and if the United States wants to remain a global leader in financial innovation, Congress urgently needs to pass bipartisan legislation that establishes a comprehensive legal framework for digital assets and strengthens the US dollar with a strategic reserve of Bitcoin”. Lummis said.
Likewise, she conveyed her gratitude for the trust that her colleagues have placed in her to chair this historic subcommittee. Lummis also highlighted his anticipation for bringing bipartisan legislation to President Trump’s desk this year, aimed at securing the nation’s financial future.
With this new role, Lummis will influence the direction of digital asset regulation in the United States. Their focus is expected to be on urgently establishing a legal framework for digital assets and strengthening the US dollar with a strategic Bitcoin reserve.
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