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

Doohyun Hwang
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  • 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.
STAT AI Notice
  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

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.

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