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House Republicans to Set up Crypto Committee After Industry Turmoil

Started by Epoch-Times-Bot, Jan 12, 2023, 10:45 PM

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Epoch-Times-Bot

Jan 12, 2023, 10:45 PM
House Republicans to Set up Crypto Committee After Industry Turmoil

House Republicans announced the establishment of a new crypto subcommittee on Thursday that will focus on digital currency following the collapse of crypto exchange firm FTX last year.
Rep. Patrick McHenry (R-N.C.), chairman of the House Financial Services Committee, unveiled the new Subcommittee on Digital Assets, Financial Technology, and Inclusion, along with other subcommittee appointments.
The panel will be led by Rep. French Hill (R-Ark.). It aims to create clear guidelines for federal regulators in the “digital asset ecosystem,” according to a news release.
Establishing clear regulations for the digital asset industry among federal regulators will be among the panel’s main focuses....

Source: House Republicans to Set up Crypto Committee After Industry Turmoil

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