William Timmons to hold June 25 roundtable on crypto and U.S. national security

The meeting will examine how digital assets may support financial autonomy, the surveillance risks tied to sovereign digital currencies, and ways the U.S. can bolster digital-finance competitiveness and national security.

Summary

William Timmons, chairman of a U.S. House subcommittee on military and foreign affairs and a Republican lawmaker, announced a June 25 roundtable on digital currency that will focus on the role of crypto digital assets in financial autonomy, the surveillance risks associated with sovereign digital currencies, and options for strengthening U.S. competitiveness in global digital finance and national security. The agenda broadens the policy discussion beyond personal wealth protection and aid access to include strategic concerns over state-backed digital money and how digital-asset policy may shape U.S. standing in financial technology.

Terms & Concepts
  • digital assets: Assets issued or represented in digital form, including crypto-based tokens.
  • sovereign digital currencies: Digital forms of national money issued or backed by governments or central authorities.
  • financial autonomy: The ability of individuals or institutions to control and use money independently.