PiCK

U.S. Senate Banking Committee to Establish a Dedicated Subcommittee on Digital Assets

Doohyun Hwang

Summary

The U.S. Senate Banking Committee has announced the establishment of a dedicated subcommittee on digital assets.
A digital assets subcommittee is expected to be formed under the leadership of Senator Tim Scott.
Cynthia Lummis, a pro-digital asset senator, has been tentatively selected as the initial chair.

The U.S. Senate Banking Committee is set to establish a subcommittee dedicated to digital assets (cryptocurrencies).

On the 9th (local time), Eleanor Terrett, a Fox Business reporter, stated that "a digital assets subcommittee is expected to be formed under the leadership of Senator Tim Scott."

Cynthia Lummis, a pro-digital asset senator, has been tentatively selected as the initial chair.