Senator Cynthia Lummis Leads Digital Assets Subcommittee
In a recent development, pro-cryptocurrency Senator Cynthia Lummis became the chair of the Senate Digital Asset Banking Subcommittee, something she herself confirmed on X (formerly Twitter). Lummis is known for being a strong advocate for cryptocurrencies and blockchain technology and is often referred to as a “crypto-friendly” lawmaker.
She also added, “Digital assets are the future, and if the United States hopes to remain a global leader in financial innovation, Congress needs to urgently pass bipartisan legislation to establish a comprehensive legal framework for digital assets and strategically strengthen the dollar. status.” Bitcoin Reserve. “
CZ, the former CEO of Binance, commented on seeing her post on Speed development.
The subcommittee is likely to focus on issues related to digital assets such as cryptocurrencies and blockchain technology.
