The high-stakes hearing is set for June 6 cryptoregulation
The hearing, entitled"The Future of Digital Assets: Providing Clarity for Digital Asset Spot Markets," aims to delve into the intricacies of the cryptocurrency market and bring some much-needed clarity. Friedman emphasized the role of Congressman comes on the heels of a joint session held on May 10 between the House Financial Services Committee and the House Agriculture Committee.
This series of Congressional hearings indicates the growing acknowledgment of cryptocurrencies and blockchain technology in the mainstream financial and regulatory spheres. There is a significant divergence of opinions, as demonstrated in the May 10 meeting, on whether existing laws canthe emergent digital asset class or if the industry requires specific legislation.
As the June 6 hearing approaches, all eyes will be on the proceedings, awaiting potential hints of changes to crypto regulations.
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