US Congress establishes bipartisan working group for cryptocurrency policies

sg.news.yahoo.com February 4, 2025, 10:00 PM UTC

U.S. lawmakers are forming a bipartisan working group to create policies for digital assets. This initiative aims to establish a clearer regulatory framework for cryptocurrencies, according to Representative French Hill. This development follows President Donald Trump's earlier order to create a cryptocurrency working group of agency heads. Trump has expressed support for digital assets, contrasting with former President Joe Biden's regulatory approach focused on consumer protection. The new group will explore various aspects of cryptocurrency, including the potential for a national cryptocurrency stockpile. The effort marks a shift towards a more supportive stance on digital assets in Congress.


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