Sen. Cynthia Lummis (R-WY), a vocal advocate for the cryptocurrency industry, met with Securities and Exchange Commission (SEC) nominee Paul Atkins on Tuesday to discuss digital asset legislation and regulatory reform, according to a report from CoinTelegraph. Atkins, who previously met with Sen. Tim Scott (R-SC), the ranking member of the Senate Banking Committee, is a former SEC official and a partner at law firm Paul, Weiss, Rifkind, Wharton & Garrison. He is expected to face tough questions from lawmakers on his views on digital assets and the SEC's role in regulating the industry. Lummis has been a strong supporter of legislation to make bitcoin a strategic reserve asset and has introduced several bills aimed at fostering the growth of the cryptocurrency industry. She is likely to press Atkins on his commitment to creating a regulatory environment that is conducive to innovation and growth in the digital asset space. The meeting between Lummis and Atkins is a sign of the growing interest in digital assets among lawmakers and regulators. As the industry continues to mature, it is likely to face increased scrutiny from government officials.

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