Market
What will be the primary focus of federal financial regulators regarding digital assets in 2025?
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Resolution / Starting Odds
Compliance enforcement • 25%
Market innovation • 25%
Consumer protection • 25%
Other • 25%
Statements from federal financial regulators or reputable news outlets
Story
Senator Cynthia Lummis Appointed Chair of Senate Subcommittee on Digital Assets, Advocates for Strategic Bitcoin Reserve
Jan 23, 2025, 03:52 PM
U.S. Senator Cynthia Lummis has been appointed as the chair of the newly established Senate Banking Subcommittee on Digital Assets by Senate Banking Committee Chair Tim Scott. This appointment marks a significant development for the digital assets industry, as Lummis is known for her advocacy of Bitcoin and blockchain technology. She has expressed that digital assets represent the future and emphasized the need for the U.S. to remain a leader in financial innovation. Lummis has called for Congress to urgently pass bipartisan legislation to establish a comprehensive legal framework for digital assets, which includes the creation of a strategic Bitcoin reserve to strengthen the U.S. dollar. The subcommittee's priorities include passing legislation on market structure, stablecoins, and consumer protections, as well as overseeing federal financial regulators to ensure compliance and prevent initiatives like Operation Chokepoint 2.0.
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Other • 25%
Stablecoins • 25%
Cryptocurrency exchanges • 25%
Digital asset taxation • 25%
Terrorist financing • 25%
Consumer protection • 25%
Financial inclusion • 25%
Other • 25%
Anti-Money Laundering • 25%
Consumer Protection • 25%
Financial Stability • 25%
Innovation Encouragement • 25%
Other • 25%
Market stability • 25%
Consumer protection • 25%
Innovation encouragement • 25%
Other • 25%
Accounting standards • 25%
Token classification • 25%
Enforcement actions • 25%
Risk management • 25%
Algorithmic trading • 25%
Other • 25%
Data privacy • 25%
CFTC • 25%
SEC • 25%
Treasury • 25%
Other • 25%
Strategic Bitcoin reserve • 25%
Other • 25%
Blockchain technology • 25%
Regulatory policy • 25%
Market Manipulation • 25%
Algorithmic Trading • 25%
Data Privacy • 25%
Other • 25%
Security Measures • 25%
Anti-Money Laundering • 25%
Consumer Protection • 25%
Taxation • 25%
Consumer Protection • 25%
International Competitiveness • 25%
Innovation and Growth • 25%
Market Stability • 25%