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What will be the focus of the first major legislative proposal by the Senate crypto subcommittee in 2025?
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Resolution / Starting Odds
Taxation of Digital Assets • 25%
Consumer Protection Measures • 25%
Market Regulation and Oversight • 25%
International Cooperation Frameworks • 25%
Official legislative records or press releases from the Senate crypto subcommittee
Story
Senate Banking Committee to Establish First-Ever Crypto Subcommittee Led by Senator Lummis, Pending Vote
Jan 9, 2025, 09:43 PM
The U.S. Senate Banking Committee, under the leadership of Senator Tim Scott, is set to establish its first-ever subcommittee dedicated to digital assets and cryptocurrency. This move mirrors a similar subcommittee established by Patrick McHenry in the House Financial Services Committee in 2023. Senator Cynthia Lummis has been appointed to chair this new Senate subcommittee, pending a vote. The formation of this subcommittee is seen as a step towards positioning the U.S. as a global leader in digital finance and technological innovation.
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Consumer Protection • 25%
Other • 25%
Market Structure Frameworks • 25%
Innovation and Growth • 25%
Innovation Encouragement • 25%
Regulatory Clarity • 25%
Consumer Protection • 25%
Other • 25%
Cryptocurrency Taxation • 25%
Crypto Exchange Oversight • 25%
Other • 25%
Stablecoin Regulation • 25%
Postponed • 34%
Passed • 33%
Failed • 33%
No • 50%
Yes • 50%
Taxation • 25%
Consumer Protection • 25%
Anti-Money Laundering • 25%
Security Measures • 25%
Yes • 50%
No • 50%
Taxation guidelines • 25%
Enforcement reduction • 25%
Registration guidelines • 25%
Other • 25%
Postponed • 25%
Passed • 25%
Withdrawn • 25%
Failed • 25%
Reduction in enforcement actions • 25%
Clear registration guidelines • 25%
Other • 25%
Enhanced investor protections • 25%