Senator Cynthia Lummis has been appointed to chair the Senate Banking Subcommittee on Digital Assets, the first Senate body dedicated to overseeing cryptocurrencies, blockchain technology, and how to regulate and connect them with the existent financial system.
The subcommittee was established under the Senate Banking Committee following the Republican takeover of the Senate, with Senator Tim Scott, the committee’s new chairman, selecting Lummis for the role.
Senator Lummis expressed her gratitude on X (formerly Twitter), stating:
Digital assets are the future, and if the United States wants to remain a global leader in financial innovation, Congress needs to urgently pass bipartisan legislation establishing a comprehensive legal framework for digital assets and that strengthens the U.S. dollar with a strategic bitcoin reserve.
Following the news, the Bitcoin price pushed to $105,752, a 1.0% increase in the last hour, and 1.8% from yesterday. The total crypto market cap today is $3.79 trillion, with minimal changes from yesterday, according to data from CoinGecko.
Read more: TRUMP Coin: Chainalysis Report Reveals that Over 77% of Holders See Minimal Gains
Dallas-based commercial real estate executive Michael Sealy, Director of Corporate Strategy at Sealy & Company,…
British Virgin Islands, BVI, June 2026, ZEX PR WIRE– Dataline, the data infrastructure layer for…
Illinois, USA, Jun 24, 2026, ZEX PR WIRE — Crystal Lundberg is using her personal story to…
Stephen Cheatham of northern Florida is adopting a practical decision rule to slow down, verify…
Chicago Business Professional Shares Perspectives on Adaptability, Supplier Relationships, and Operational Resilience. CHICAGO, IL, Jun 19,…
Raleigh business leader Michael A. Griffin says the best leaders are built through experience, not…