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tldr; Rep. Tom Emmer has been appointed vice chairman of the House Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence. Emmer, a known crypto advocate, opposes strict federal regulations on digital assets and aims to foster an environment where digital asset innovation can thrive. The subcommittee’s jurisdiction includes digital assets, stablecoins, CBDCs, and AI in finance. Emmer has proposed several crypto-related bills, including the CBDC Anti-Surveillance State Act, which passed the House and seeks to protect privacy in digital currency policy.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.