Sen. Cynthia Lummis was voted to lead a new subcommittee on digital assets. BlackRock, MARA execs lobby for crypto.
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Lummis noted that Congress must pass bipartisan legislation to establish a comprehensive legal framework for digital assets.
The world's leading cryptocurrency may reach $160,000 later this year, and even jump to $240,000 in a best-case scenario, according to an expert.