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Today, the U.S. House Subcommittee connected Digital Assets, Financial Technology, and Artificial Intelligence is holding a proceeding astatine 2:30 PM EST astatine the Rayburn House Office Building.
The hearing, “A Golden Age of Digital Assets: Charting a Path Forward,” volition absorption connected the contiguous information of integer assets and statement regulatory approaches to beforehand innovation portion preserving fiscal stableness and user safety.
This proceeding volition service arsenic a forum to sermon what authorities is indispensable to supply beardown lawsuit protections and let the ecosystem to flourish successful the United States.
There volition beryllium cardinal witnesses who volition supply penetration into the evolving integer plus scenery and the relation of regularisation successful shaping its future.
- Jonathan Jachym, Deputy General Counsel astatine Kraken
- Ji Hun Kim, President and Acting CEO of the Crypto Council for Innovation
- Coy Garrison, a Partner astatine Steptoe LLP
- Jose Fernandez da Ponte, Senior Vice President astatine PayPal
- Timothy Massad, a Research Fellow astatine Harvard’s Kennedy School of Government
In the hearing, they volition sermon a solution expressing enactment for blockchain technology, highlighting its imaginable for innovation and economical growth. They volition besides statement the Securing Innovation successful Financial Regulation Act, which would found specialized hubs wrong the SEC and CFTC to amended grip emerging fiscal technologies.
Another cardinal taxable is the New Frontiers successful Technology (NFT) Act, which needs to clarify that NFTs are not securities and calls for a authorities survey connected their impact. The BRIDGE Digital Assets Act volition besides beryllium discussed, proposing a associated advisory committee betwixt the SEC and CFTC to make clearer integer plus regulations.
Furthermore, lawmakers volition reappraisal a connection requiring a survey connected decentralized concern (DeFi) and the STABLE Act of 2025, which aims to make a regulatory model for stablecoins to guarantee user extortion portion fostering innovation.
Also Read: New Congress, Fresh Opportunities for Crypto Legislation successful 2025
English (US) ·