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The Coin Rise 2025-01-15 11:45:31

Tom Emmer Named Vice Chair of House Digital Assets Subcommittee

Representative Tom Emmer, a staunch advocate for cryptocurrency innovation, has been appointed vice chairman of the House Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence. The announcement, made on January 14, highlights Tom Emmer’s pivotal role in shaping policies aimed at fostering U.S. leadership in emerging technologies. “With President Trump in the White House, and Gary Gensler confined to the waste bin of Washington, we have an excellent opportunity to ensure that the future of digital assets is guided by Americans, with American values,” Tom Emmer stated on social media shortly after his appointment. The subcommittee, established in 2023, is tasked with overseeing the rapidly evolving landscape of digital assets, exploring the intersection of artificial intelligence and financial services, and ensuring a balanced regulatory approach. Chairman French Hill expressed confidence in the leadership team, emphasizing the committee’s focus on crafting a regulatory framework that safeguards innovation while protecting consumers and investors. Bipartisan Focus on Regulatory Frameworks The momentum behind creating comprehensive crypto regulations continues to grow. Congressman Bryan Steil, recently appointed chair of the Financial Services Subcommittee, echoed similar sentiments last year, calling it “imperative” for lawmakers to address regulatory clarity for digital assets. French Hill has identified establishing a clear regulatory structure for cryptocurrencies as a top priority for 2025. This aligns with the broader objectives of the House and Senate, which aim to address pressing issues before President-elect Donald Trump’s inauguration on January 20. Speculation is rife that executive orders targeting digital asset policies could emerge soon after the administration takes office. Industry leaders are closely watching for signals that may shape the next chapter of the U.S. crypto market. Tom Emmer Discusses Trump’s Economic Agenda In a recent interview, Tom Emmer outlined his commitment to advancing Trump’s economic agenda , which includes addressing inflation, excessive spending, and global stability. He also emphasized the importance of fostering innovation in financial technology as a cornerstone of America’s economic future. This appointment marks a crucial step for U.S. crypto policy at a time when global competition for digital asset leadership intensifies. The post Tom Emmer Named Vice Chair of House Digital Assets Subcommittee appeared first on TheCoinrise.com .

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