Wyoming Senator Lummis to Chair Senate Subcommittee on Digital Assets Investing.com

Investing.com — U.S. Senator Cynthia Lammis of Wyoming has been appointed to chair the Senate Banking Subcommittee on Digital Assets. This announcement highlights the country’s role in shaping the country’s policies regarding digital assets, including cryptocurrencies.

In a recent statement, Lummis expressed its commitment to developing a comprehensive legal framework for digital assets. She cited the importance of these assets in financial innovation and the need for the US to maintain its global leadership position in this domain.

“Digital assets are the future, and if the United States wants to continue to be a global leader in financial innovation, Congress should urgently pass bipartisan legislation to provide a comprehensive legal framework for digital assets and strengthen the US dollar through strategic Bitcoin reserves.” said Lummis.

She expressed her gratitude to her colleagues for entrusting her to lead this historic subcommittee. Loomis expressed her eagerness to lead bipartisan legislation to President Trump’s desk this year to secure the nation’s financial future.

In this new role, Lummis is poised to influence the direction of digital asset regulation in the United States. Her focus is expected to be on urgently establishing a legal framework for digital assets and strengthening the US dollar through strategic bitcoin holdings.

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