-
Lummis to Chair Newly Formed Cryptocurrency Subcommittee
In a groundbreaking development for cryptocurrency regulation, the U.S. Senate has established its first-ever subcommittee focused exclusively on digital assets. Senator Cynthia Lummis will lead this new regulatory body, marking a new phase in congressional crypto oversight. The subcommittee’s creation comes under the direction of Senator Tim Scott, who recently took control of the Senate Banking Committee. This move demonstrates the new Republican majority’s commitment to addressing cryptocurrency regulation head-on. As chair of this pioneering subcommittee, Lummis will oversee the development of recommendations ... (full story)