Tough sanctions continue to be imposed on cryptocurrencies exchange. Considering the global volume, the measures taken on cryptocurrencies and exchanges are undoubtedly of great interest to US investors. In this regard, the Congress scheduled for March 9 is of great importance.
Announcement of participants in the congressional session on cryptocurrencies.
Next week, the US Congress will hold a session on cryptocurrencies. The names of the participants have also been announced. After months of regulatory pressure in the U.S., a new congressional committee pushes back against the Biden administration’s push on Bitcoin.
Sanctions Against Bitcoin Companies On The Table
The meeting of the Republican-led House Financial Services Committee’s new subcommittee on digital assets is titled Coincidence or Coordination? The Government’s Attack on the Digital Asset Ecosystem.” The seminar will discuss recent regulatory actions against Bitcoin companies.
Who Will Attend the Seminar on Cryptocurrencies Was Also Announced
Industry participants have already been announced. Participating companies include Bitgo and cryptocurrency exchange Coinbase.
Mike Belshe, CEO of cryptocurrency custodian Bitgo, Professor Tonya M. Evans of Penn State Dickinson College of Law, Paul Grewal, chief legal officer of the Coinbase exchange, and Jonathan Gould, former deputy commissioner and general counsel of the U.S. Office of the Comptroller of the Currency (OCC), will speak. According to reports, other names may be added in the coming days.
This committee is extremely important. Basically, even when questions are raised regarding the future of digital assets, the question is always how to create a roadmap for cryptocurrencies. For this reason, almost every topic is expected to be discussed. Sanctions against cryptocurrencies, new cryptocurrency projects, what is the importance of blockchain projects? Answers to questions such as these are expected.
When Will The Subcommittee On Digital Assets Be Held?
The subcommittee on digital assets will be held on Thursday, March 9, 2023. The committee, which was supposed to be held last year, was postponed to a date to be announced shortly after it was convened. It is assumed that this year there will be no surprises and that the meeting will be held on the scheduled date.
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