Congressman Hill to 'make sure' US is the place for blockchain innovation

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The newly-established Financial Services Subcommittee on digital assets will explore spot Bitcoin ETFs, stablecoin bills, and federal privacy laws.

The SEC has repeatedly, including one by the world’s largest crypto asset manager, Grayscale.

He said crypto trading and exchanges would need to be “overseen” but did not specify which agency would do so.Related:The host implied that the Securities and Exchange Commission has been dragging its feet, inquiring “as long as Gary Gensler is there, do you see any progress being made?”

 

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The SEC protects Wallstreet period, nothing else.

First, the SECGov is the wrong body to watch over crypto as a whole (that should be CFTC). However, the SEC should be limited to crypto exchanges.

Something needs to be done about all the Coinbase customers being targeted and having their crypto stolen.

GaryGensler Is CBDC a security? I ask for a friend

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Fantastic news! Cannot wait to see the results of this subcommittee's work. This could be a huge win for $BTC and other cryptocurrencies. crypto blockchain

Exciting news! This could be bullish for the space & is definitely a step in the right direction towards mass adoption. HODL!

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