Lummis Leads Digital Asset Subcommittee Hearing Highlighting Need for Clear Regulations for Digital Assets

June 25, 2025

Washington, D.C.— Senate Banking Subcommittee on Digital Assets Chair Cynthia Lummis (R-WY) led the Digital Asset Subcommittee Hearing entitled “Exploring Bipartisan Legislative Frameworks for Digital Asset Market Structure” highlighting the need to clearly allocate jurisdiction among regulators in order to maintain the United States’ leadership in financial innovation.

“The days of America sitting on the sidelines while the digital asset industry moves overseas are over,” said Lummis. “For the first time in our nation’s history, we have the most pro-digital asset president in U.S. history, and we have a chairman at the helm of the Banking Committee who sees the immense value in the United States leading on digital assets. We must work to immediately pass comprehensive market structure legislation to secure our financial future for generations to come. Digital assets are the future, and we must ensure the United States leads the way.”

Senator Lummis’ full remarks can be found here.

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