Wyoming Senator Lummis will chair Senate subcommittee on digital assets and seek Bitcoin reserve

From Investing.com

January 23, 2025 10:58:43 AM:

U.S. Senator Cynthia Lummis from Wyoming has been appointed to chair the Senate Banking Subcommittee on Digital Assets, signaling her growing influence on digital asset policies, including cryptocurrencies.

Lummis is dedicated to creating a comprehensive legal framework for digital assets, emphasizing their importance in financial innovation and the U.S.’s global leadership in this area.

She stresses the need for urgent bipartisan legislation to establish a legal framework for digital assets and strengthen the U.S. dollar with a strategic Bitcoin reserve.

Expressing gratitude for her colleagues’ trust, Lummis aims to lead bipartisan legislation to President Trump’s desk this year to secure the nation’s financial future.

In her new role, Lummis will shape digital asset regulation in the U.S., focusing on establishing a legal framework for digital assets and bolstering the U.S. dollar with a strategic Bitcoin reserve.

Read more at Investing.com: Wyoming Senator Lummis to lead Senate subcommittee on digital assets, seek Bitcoin reserve By Investing.com