On January 24, Cynthia Lummis, chair of the Senate Banking Subcommittee on Digital Assets, posted on social media: "As we learn of the severity and injustice of Chokepoint 2.0, I will work closely with FDIC Vice Chairperson Travis Hill to end this attack on digital assets."
The 119th U.S. Senate Subcommittee on Banking Digital Assets will focus on the following two areas: 1. Promote bipartisan digital asset legislation that promotes responsible innovation and protects consumers, including market structure, stablecoins, and strategic bitcoin reserves. Stringent oversight of federal financial regulators to ensure that they are acting in accordance with the law and that incidents like "Operation Chokepoint 2.0" do not happen again.
According to Eleanor Terrett, Senator Cynthia Lummis has officially become chair of the Senate Banking Digital Assets Subcommittee. Other members of the panel include Thom Tillis, Bill Hagerty, Bernie Moreno, Dave McCormick, Ruben Gallego (senior member), Mark Warner, Chris Van Hollen, and Tina Smith.
Senator Cynthia Lummis has announced her chairpersonship of the Senate Banking Digital Assets Panel. Senator Cynthia Lummis said that digital assets are the future, and if the United States is to maintain its leadership in global financial innovation, Congress needs to pass bipartisan legislation as soon as possible to establish a comprehensive legal framework for digital assets, while strengthening the dollar through strategic bitcoin reserves. She promised to bring the bill to President Trump'...
FOX reporter Eleanor Terrett said in a social media post that the US Senate Banking Committee will vote today (January 23) at 11 pm (Beijing time) on whether US Senator Cynthia Lummis will be the chair of the digital assets group. It is not yet clear whether there will be any other announcements.
Nate Geraci, president of The ETF Store, said on the social platform that there are currently two ETF products listed in the top ten cryptoassets by market capitalization, and three are submitting applications, speculating that Cardano may be the next cryptocurrency to apply for an ETF.
On January 23rd, Kansas Senator Bowser introduced Senate Bill 34, which aims to invest public employees' retirement funds in bitcoin ETFs. According to the text of the bill, the bill intends to authorize the Kansas Public Employees' Retirement System (KPERS) Trust Board to invest up to 10% of the funds of the Kansas Public Employees' Retirement Fund in bitcoin ETF products.
On January 21 local time, the US Senate Finance Committee voted 16 to 11 to approve the nomination of Scott Bessent to serve as Secretary of the Treasury in the Trump administration, and submitted the nomination to the Senate for a final confirmation vote. If approved, Bessent will become one of the important spokespeople of the new US administration on economic policy, with huge influence on fiscal policy, financial regulation, international sanctions and overseas investment.
The US Senate Finance Committee has voted to confirm Scott Bessant's nomination as Treasury Secretary, sending him to the full Senate for consideration.
Forbes reporter Eleanor Terrett posted on the X platform that the US Senate Banking Committee will vote to approve the chairpeople and members of its various subcommittees, including the Digital Assets Subcommittee, at 10 am EST on Thursday.
Shortly after Trump was sworn in as president on Monday, the Senate Intelligence Committee quickly approved John Ratcliffe as director of the Central Intelligence Agency, according to the AXIOS website. The committee voted 14-3 in favor of his nomination.
Nate Geraci, president of The ETF Store, wrote that Meme traders are fully aware that they are playing the crypto version of the "musical chairs" game. These investors are not mistaken for investing in Fortune 500 companies, they know that this is a "greater fool theory" game, and they do not see Meme as an orthodox crypto project. At the same time, he quoted the Phantom platform's "Memecoins101" content, pointing out that the Meme coin market is highly speculative and volatile, and the price is...
The ETF Store总裁Nate Geraci发文指出,Meme币交易者完全意识到他们正在玩加密版的“musical chairs”(击鼓传花)游戏。这些投资者并非误认为在投资财富500强公司,他们清楚这是一场“greater fool theory”(大傻瓜理论)游戏,也不会将Meme币视为正统的加密项目。 与此同时,他引用Phantom平台的“Memecoins101”内容,指出Meme币市场高度投机且波动剧烈,价...
Senator Elizabeth Warren, a senior member of the Senate banking committee, has questioned the relationship between Howard Lutnick, Mr. Trump's nominee for commerce secretary, and Tether, citing potential conflicts of interest. She criticised Tether's links to sanctioned entities and highlighted broader concerns. Howard Lutnick does not directly oversee cryptocurrency regulation, but the department has published reports on industry regulation. In addition, there are...