The move could help advance cryptocurrency policies on the federal level
US Representative Tom Emmer has been named vice chairman of the House Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence. The Minnesota Republican, a vocal advocate for cryptocurrencies, takes on this role as part of a broader effort by lawmakers to address the evolving landscape of digital assets and financial technology.
I am honored to have been selected as Vice Chairman of the Subcommittee on Digital Assets, Financial Technology and Artificial Intelligence.
With President Trump in the White House, and Gary Gensler confined to the waste bin of Washington, we have an excellent opportunity to…
— Tom Emmer (@GOPMajorityWhip) January 15, 2025
Emmer expressed optimism about the future of digital asset regulation, stating that the US has a chance to shape the industry with values rooted in American principles. His appointment was announced alongside other subcommittee leadership assignments by Committee Chairman French Hill, who emphasized the importance of creating a regulatory framework that fosters innovation while protecting consumers and investors.
The Subcommittee on Digital Assets was established to focus on the development and oversight of cryptocurrency, blockchain technology, and artificial intelligence applications in financial services. Its creation reflects growing recognition of the need for regulatory clarity in these rapidly advancing sectors.
French Hill highlighted the committee’s commitment to ensuring that regulatory systems are balanced and agencies remain accountable. He noted that crafting a clear framework for crypto assets would be among the committee’s top priorities for 2025.
In his new position, Emmer is expected to play a key role in shaping policies that address the challenges and opportunities presented by digital assets. He has long advocated for a regulatory environment that encourages innovation without stifling growth or leaving consumers vulnerable.
The announcement comes as Congress works to establish guidelines for cryptocurrencies and other emerging technologies. With the House and Senate preparing for President-elect Donald Trump’s inauguration, some in the industry anticipate swift executive action on digital asset policies.
Editor at the Big Blind, is a rising star in gambling journalism with a decade of experience, focusing on clear and accessible communication for a diverse audience.
