On January 15th, Fox Business News reporter Eleanor Terrett posted on X platform that US Senator Tim Scott has just released the priority list for the 119th Congress, which includes establishing a framework for digital assets. The shared document states: "Under the leadership of Chairman Gensler, the US Securities and Exchange Commission (SEC) has refused to provide clear guidance for the cryptocurrency industry, forcing relevant projects to turn to overseas. Looking ahead, the commission will work to build a regulatory framework to establish a dedicated path for the trading and custody of digital assets, to promote consumer choice, education, and protection, and to ensure compliance with any relevant requirements of the Bank Secrecy Act. In addition, the commission will create an open and inclusive environment for new innovative financial technologies and digital asset products that promote financial inclusion, such as stablecoins."
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Developing a digital asset framework is among the priorities of the 119th U.S. Congress
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