Breaking
February 17, 2025

Crypto News | Cynthia Lummis nominated to lead new Senate Banking Subcommittee on Digital Assets Gino Matos | usagoldmines.com

Senator Cynthia Lummis (R-Wyo.) has been named the first chair of the newly established Senate Banking Subcommittee on Digital Assets, according to a Jan. 23 announcement.

As a result, Senate Banking Committee Chair Tim Scott (R-S.C.) places Lummis at the helm of legislative efforts to craft a regulatory framework for blockchain technology and crypto in the US.

Senator Lummis, known for her strong Bitcoin (BTC) advocacy, expressed her enthusiasm for the new role:

“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.”

Lummis also emphasized the strategic importance of bolstering the US dollar with a national Bitcoin reserve, a proposal that could position the US as a crypto trailblazer. She introduced the Bitcoin Act legislation last year at the Bitcoin 2024 conference in Nashville.

The subcommittee will prioritize passing bipartisan legislation focused on market structure, stablecoins, and consumer protections. It will also oversee federal financial regulators to ensure compliance with the law and prevent initiatives like “Operation Chokepoint 2.0,” which some lawmakers view as an overreach by regulators.

Scott praised Lummis as the ideal leader for this new subcommittee and described her as a steadfast champion of blockchain technology and crypto. 

He said:

“Since day one, Senator Lummis has been a leader on digital assets legislation. Working with the Trump administration and our colleagues in the House, we will advance a commonsense regulatory framework to facilitate innovation here in the United States, not overseas.”

The bipartisan composition of the subcommittee includes Senators Thom Tillis (R-N.C.), Bill Hagerty (R-Tenn.), Bernie Moreno (R-Ohio), Dave McCormick (R-Pa.), Ruben Gallego (D-Ariz.), Mark Warner (D-Va.), Chris Van Hollen (D-Md.), and Tina Smith (D-Minn.). Gallego will be the ranking member, highlighting the subcommittee’s commitment to bipartisan collaboration.

The announcement has sparked optimism among the industry. Dennis Porter, co-founder and CEO of Satoshi Action Fund, said Lummis’ appointment was “a huge step forward” for advancing meaningful legislation, including the proposed Strategic Bitcoin Reserve. 

Meanwhile, former Binance CEO Changpeng Zhao called the idea of a US Bitcoin reserve “pretty much confirmed” and commended the speed at which crypto developments unfold.

The post Cynthia Lummis nominated to lead new Senate Banking Subcommittee on Digital Assets appeared first on CryptoSlate.

 Senator Cynthia Lummis (R-Wyo.) has been named the first chair of the newly established Senate Banking Subcommittee on Digital Assets, according to a Jan. 23 announcement. As a result, Senate Banking Committee Chair Tim Scott (R-S.C.) places Lummis at the helm of legislative efforts to craft a regulatory framework for blockchain technology and crypto in
The post Cynthia Lummis nominated to lead new Senate Banking Subcommittee on Digital Assets appeared first on CryptoSlate. Crypto, Featured, Legislation, Politics, Regulation 

This articles is written by : Nermeen Nabil Khear Abdelmalak

All rights reserved to : USAGOLDMIES . www.usagoldmines.com

You can Enjoy surfing our website categories and read more content in many fields you may like .

Why USAGoldMines ?

USAGoldMines is a comprehensive website offering the latest in financial, crypto, and technical news. With specialized sections for each category, it provides readers with up-to-date market insights, investment trends, and technological advancements, making it a valuable resource for investors and enthusiasts in the fast-paced financial world.

Recent:

Crypto News | Metaplanet Buys $25.6M in Bitcoin, Boosting Holdings to 2,031 BTC Wayne Jones | usago...

Creator of LIBRA blames Javier Milei for the rug pull, says he’s sitting on $100M profits Jai Hamid ...

Bitcoin Whales Accumulate—Will This Push BTC Toward $100K? Christian Encila | usagoldmines.com

Crypto News | WhiteBIT Safeguards Over $150M: How the Exchange is Fighting Crypto Crime Chainwire |...

Bitcoin | Bitcoin (BTC) Landfill Saga Continues as Hard Drive Owner Considers Buying UK Garbage Dum...

Bybit Removed from France’s AMF Blacklist After Two Years of Compliance Efforts Nidhi Kolhapur | usa...

Altcoins | Mysterious Whale Withdraws $5,000,000 in Solana From Coinbase, Potentially To Accumulate ...

Crypto News | South Korea to gradually permit corporate crypto trading amid market reform Assad Jafr...

Trading | Crypto Market Flashing Signal That Suggests Bottom Is Forming, Says Real Vision Analyst – ...

Crypto News | Ethereum Foundation on-course to earn $1.5 million through allocation of 50k ETH to De...

Crypto News | Ethereum Price Analysis: ETH Faces Deeper Troubles, Risks Falling to $2.4K CryptoVizA...

XRP’s Next Big Move? Levels to Watch for 30% Rally Chandan Gupta | usagoldmines.com

Crypto News | KuCoin’s 2024 Journey: Adapting to Market Volatility and Regulatory Shifts Mandy Will...

Apple Invites Leaked on iCloud Website: What You Need to Know Sensi Man | usagoldmines.com

Bitcoin | Bitcoin Primed To Skyrocket To Up to $200,000 by Year-End, According to Marathon Digital ...

Altcoins | Trader Issues Bitcoin Alert, Says There’s Still ‘Underlying Weakness’ Despite BTC Bounce ...

Bitcoin | President Trump’s Tariffs Will Send Bitcoin (BTC) Higher and Faster, Says Bitwise Executi...

Gmail Security Warning: AI Hack Confirmed for 2.5 Billion Users – What You Need to Know Sensi Man | ...

FDIC Releases Documents on Crypto Debanking Ahead of Congressional Hearing Nidhi Kolhapur | usagoldm...

XRP Price To Hit $5.85 — Crypto Analyst Makes Bullish Ripple’s XRP Cycle Projection Aliyu Pokima | u...

ENRON meme token finally launches, snipers crash price on Solana DEX Hristina Vasileva | usagoldmine...

Trading | President Trump May Have Printed $800,000,000+ in Profits Since Launch of Official Memecoi...

New Vegas Mod Revolution: Massive Gun Overhaul Reinvigorates Gameplay! Hallie Frederick | usagoldmin...

Bank Employee Allegedly Drains $2,300,000 From Bank Accounts in Massive Fraud Scheme: Report Alex Ri...

Crypto News | Ethereum loses momentum, falls to 5-year low against Bitcoin Oluwapelumi Adejumo | usa...

Sony & Nintendo Halt Game Shipments to Russia Amidst Tensions Hallie Frederick | usagoldmines.co...

Today’s best laptop deals: Save big on work, school, home use, and gaming | usagoldmines.com

Why Apple’s Next iPhone May Be the Best Yet: What to Expect and Key Features Sensi Man | usagoldmine...

Bitcoin | ‘Nice Signs of Life’ Starting To Form on Solana-Based Memecoin dogwifhat, Says Trader – B...

Indiana HB 1322 Bill Proposes Pension Funds to Invest in Bitcoin ETFs Mustafa Mulla | usagoldmines.c...

Bitcoin | Analyst Says Solana en Route to New All-Time High, Outlines Potential End-of-Cycle Surge ...

Trump Media Announces Launch of Fintech Platform Truth.Fi Julia Smith | usagoldmines.com

Cardano to launch Plomin Hard Fork, ADA holders have voting power Florence Muchai | usagoldmines.com

Crypto News | Meme Index to Launch Four Decentralized Indexes for Meme Coin Investing as Presale Su...

Bitcoin | Crypto Czar David Sacks To Chair Working Group Aiming To Propel US As World Capital of Di...

No, president Xi Jinping isn’t trying to get back at America with DeepSeek Jai Hamid | usagoldmines....

6 practical ways to use that USB port on your router | usagoldmines.com

New Crypto Threat? Fake DeepSeek Tokens and Imposter Sites Exposed Vignesh S G | usagoldmines.com

Dojima Network: Creating the Foundation for a Truly Interoperable Web3 Nicholas Say | usagoldmines.c...

Ethereum (ETH) Price Prediction Today Chandan Gupta | usagoldmines.com

Nvidia’s single-day $465B loss surpasses combined market caps of XRP, Tether and Solana Oluwapelumi ...

Why The Crypto Market is Crashing Today Mustafa Mulla | usagoldmines.com

Crypto News | Ethereum Launches New Venture to Boost Institutional Adoption of ETH Wayne Jones | us...

Bitcoin | Bitcoin Will Be Off to the Races Once the ‘Final Major Resistance’ Breaks, Says Analyst –...

Apple Users in 2025: Expect a Year of Incredible Innovations and Experiences Ahead! Sensi Man | usag...

Crypto News | Congress probing crypto industry’s ‘systematic’ debanking under Biden regime Gino Mato...

Google’s Magical New Android Control Feature Unveiled Hallie Frederick | usagoldmines.com

Crypto News | Tornado Cash developer calls his lawsuit a ‘terrifying criminalization of privacy’ Gin...

Apple Unfolds the Future: Hybrid Mac/iPad in 2025, Foldable iPhone by 2026 Renato Bond | usagoldmine...

Giant Slowpoke Plush Restocks at Pokémon Center: Snatch Yours! Hallie Frederick | usagoldmines.com

How Will Donald Trump’s Stargate Project Impact the AI Crypto Market? Qadir AK | usagoldmines.com

Artificial intelligence could transform football. So what might the future look like? Gaylord Contre...

Unleash Mayhem: First Big ‘No Rest for the Wicked’ Update Rolls Out Fixes & Upgrades! Hallie Fre...

On-chain investigator ZachXBT receives meme token ZACHXBT, extracts liquidity from its main trading ...

SEC unveils crypto task force led by ‘Crypto Mom’ Hester Peirce to forge new regulatory path Gino Ma...

WaykiChain (WICC) News: $1.5 Million DApp Funding Program has been Launched for Global Developers Bi...

SmartX – The Next Step in DAG Architecture Bitcoin Garden | usagoldmines.com

A Layman’s Overview of Capitalizing on Forex Signal Services Bitcoin Garden | usagoldmines.com

BiKi.com Debuts on CoinMarketCap Ranking Within Top 20 Exchanges Bitcoin Garden | usagoldmines.com

An Introduction to Cryptocurrency API Trading and Exchanges! Bitcoin Garden | usagoldmines.com

How was October for Crypto? CoinGecko’s October Monthly Report tells it all Bitcoin Garden | usagold...

The Future of Decentralized Internet Access Andrey Sergeenkov | usagoldmines.com

4 simple tips to improve your email marketing ROI Bitcoin Garden | usagoldmines.com

Creata SDK- Support for your Blockchain Framework Bitcoin Garden | usagoldmines.com

7 Tips for Successfully Launching a New Cryptocurrency Bitcoin Garden | usagoldmines.com

Crypto News | Multichain Capital introduces proposal to slash SOL inflation to 1.5% Gino Matos | usa...

Elon Musk mocks Yellen for getting hacked, says email likely mentioned Bitcoin Jai Hamid | usagoldmi...

Trading | Analyst Says Top-10 Altcoin Has a Massively Bullish Setup, Maps Path Forward for Polygon, ...

Dogwifhat (WIF) Breaks Out of Consolidation, Eyes on 50% Rally Chandan Gupta | usagoldmines.com

Jen-Hsun reckons Nvidia has driven the ‘cost of computing down by 1,000,000 times’ Ali Guerra | usag...

Space Marine 2 Promises to Uphold Legacy of Thrilling PvP Battles! Hallie Frederick | usagoldmines.c...

Bitcoin Price Today: What’s Driving the $100K Rebound and Market Growth? Vignesh S G | usagoldmines....

Futuremash | Investment Giant Franklin Templeton Envisions Future Merge of AI Agents With Crypto Eco...

Crypto News | Bitcoin holds near $96,500 as US PPI data shows slower producer price growth Liam 'Aki...

Bitcoin | Trader Peter Brandt Unveils Bitcoin Path for Potential 78% Surge, Calls Large-Cap Altcoin...

Crypto Founder Pleads Guilty to $9,400,000 Ponzi Scheme That Defrauded Thousands of Investors Rhodil...

Philippine Banks Launch PHPX Stablecoin for Payments Victor | usagoldmines.com

Aptos Network incorporates Chainlink data feeds for verifiable data Collins J. Okoth | usagoldmines....

XRP Poised For A $9 Breakout? Analyst Highlights Strong Signals Christian Encila | usagoldmines.com

US Crypto Regulation in 2025: How David Sacks and Paul Atkins Will Influence Bitcoin Debashree Patra...

ChatGPT Unveils New Feature Allowing Users to Assign Traits Like ‘Chatty’ and ‘Gen Z’ Sensi Man | us...

Self-learning AI shares NFL against the spread, over-under, money-line picks for every 2025 NFL Wild...

Panasonic unveils an AI-powered wellness coach, powered by Anthropic’s Claude, at CES 2025 Gaylord C...

Nvidia Stock Suddenly Slides After CEO Teases AI’s Next ‘ChatGPT Moment’ Gaylord Contreras | usagold...

China’s cabinet eyes humanoid robots to solve aging population needs and worker shortages Florence M...

Tech group urges US to halt rule that would limit global access to AI chips Ali Guerra | usagoldmine...

Bhutan’s City To Add Bitcoin, Ethereum & Binance To Strategic Reserves Mustafa Mulla | usagoldmi...

President Trump slams the Fed over skyrocketing interest rates Jai Hamid | usagoldmines.com

Google Opens Public Developer Beta for Home APIs Tim | usagoldmines.com

SNL50: BEYOND SATURDAY NIGHT Trailer Celebrates 50 Years of SATURDAY NIGHT LIVE Tai Gooden | usagold...

Google Warns Windows Users—Microsoft Is Tricking You Hallie Frederick | usagoldmines.com

The iconic macOS Dock has just turned 25 Renato Bond | usagoldmines.com

Altcoins | Altcoins Close to the End of a Market Correction, According to Trader Michaël van de Popp...

Crypto News | SPX6900 Soars 35% as Meme Coins Continue to Rise, Meme Index Raises $1.6 Million Feli...

Microsoft vs. Amazon: Which Cloud-Computing Stock Will Outperform in 2025? Ali Guerra | usagoldmines...

HMD’s latest Android phone is even cheaper than you’d expect Hallie Frederick | usagoldmines.com

Crypto News | These Price Levels Hold the Key to Bitcoin’s Resilience or Deeper Correction (Glassno...

Xandeum: The Leading Solana Storage Solution Growing A Powerful Ecosystem Nicholas Say | usagoldmine...

Crypto News | Ripple (XRP) Soared by 225% in 2024: How High Can it Go in 2025? (ChatGPT Answers) Jo...

Terraform Labs Founder Do Kwon Handed Over to US Authorities Days After Montenegro Approved Extradit...

Leave a Reply