Senator Cynthia Lummis has been appointed as Chair of the Senate Banking Subcommittee on Digital Assets, which indicates a renewed emphasis on establishing clear regulations for digital assets in the U.S. government. President Donald Trump has expressed his vision for the U.S. to become the 'World Capital' for both AI and cryptocurrency, reaffirming his dedication to these industries. There has been a significant shift in Trump's position on cryptocurrency, transitioning from criticism to endorsement during his 2024 campaign, where he promised to establish a strategic Bitcoin reserve. Lummis underscores the importance of immediate bipartisan legislation to develop a legal framework for digital assets, stating that "Digital assets are the future."