Stablecoins and strategic Bitcoin reserves are areas of focus for the U.S. Senate Digital Asset Banking Subcommittee

Odaily News According to a statement issued by U.S. Senator Cynthia Lummis, the focus areas of the 119th Senate Digital Asset Banking Subcommittee include:
1) Pass bipartisan digital asset legislation that promotes responsible innovation and protects consumers, including market structure, stablecoins, and strategic bitcoin reserves.
2) Provide strong oversight of federal financial regulators to ensure that institutions comply with the law, including ensuring that “Operation Chokepoint 2.0” does not happen again.