U.S. Senator Cynthia Lummis Says China and Europe Are Competing for Crypto Leadership

U.S. Senator Cynthia Lummis said Europe and China are competing with the United States for leadership in digital assets and warned that the U.S. risks losing firms, innovation, and broader economic leadership to more proactive jurisdictions. The new remarks add that the competitive gap could lead digital asset businesses to shift abroad. No specific legislation, figures, or detailed policy measures were provided in the source.

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