The Senate Banking Committee plans to discuss a regulatory framework for the digital asset industry valued at 30 trillion USD, potentially leading to increased institutional investments.
Key senators, including Cynthia Lummis and Tim Scott, are advocating for policies balancing innovation and consumer protections, emphasizing the need for clear regulations in the digital asset market.
Bitcoin (BTC) is trading at 108,446.29 USD with a market cap of 2.16 trillion USD, witnessing a 0.38% decline over the last 24 hours.
Leave a Reply