Wyoming Senator Cynthia Lummis has been appointed by Senator Rick Scott, the head of the Senate Banking Committee, to chair the Senate Banking Subcommittee on Digital Assets. According to Lummis, the subcommittee has two primary objectives: to pass comprehensive digital asset legislation and to conduct federal oversight over regulatory agencies to

Senator Cynthia Lummis leads the first digital assets oversight subcommittee, focusing on US crypto legislation and innovation.

Senator Cynthia Lummis is appointed chair of the Senate Banking Subcommittee on Digital Assets, focusing on pro-crypto policies.

Senator Cynthia Lummis (R-WY), known as the "Crypto Senator," has been named Chair of the Senate Banking Subcommittee on Digital Assets. What Happened: This appointment signals a renewed push by the United States to establish clear regulatory frameworks for digital assets while advancing initiatives like a U.

Investing.com -- U.S. Senator Cynthia Lummis from Wyoming has been appointed to chair the Senate Banking Subcommittee on Digital Assets. This announcement signifies her growing role in shaping the country's policies concerning digital assets, including cryptocurrencies like Bitcoin.

Lummis noted that Congress must pass bipartisan legislation to establish a comprehensive legal framework for digital assets.

On today's episode of CNBC Crypto World, bitcoin rises as investors hope for crypto-focused executive orders from President Trump. Plus, business leaders attending the World Economic Forum in Davos share their optimism for pro-crypto regulation in the United States.

The new Senate subcommittee focused on the blockchain world will be led by two solidly pro-crypto legislators: Sen. Cynthia Lummis (R.-Wyo.) will chair while Sen. Ruben Gallego (D-Ariz.) will serve as its ranking member.