Senator Cynthia Lummis Named Chair of Senate Digital Assets Subcommittee

Lummis, a prominent Bitcoin advocate, will lead efforts to establish a comprehensive legal framework for digital assets and explore a strategic Bitcoin reserve for the U.S.

Senator Cynthia Lummis, known for her pro-crypto stance, has been appointed Chair of the Senate Banking Subcommittee on Digital Assets.
Lummis aims to advance bipartisan legislation addressing stablecoin regulation, decentralized finance rules, and clearer pathways for crypto project registration.
A key focus of her leadership will be the potential establishment of a U.S. strategic Bitcoin reserve, an idea supported by President Donald Trump.
The announcement coincided with Bitcoin's price surge above $106,000, reflecting market optimism over pro-crypto policies.
The subcommittee includes members with strong backing from the crypto industry, signaling significant momentum for advancing digital asset legislation.