RATE Group | Senate Banking Committee to Hold Hearing on Crypto Regulation
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Senate Banking Committee to Hold Hearing on Crypto Regulation

25 Jul Senate Banking Committee to Hold Hearing on Crypto Regulation

Posted at 06:29h in Cryptocurrency News by

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The Senate Banking Committee will hold a hearing on regulatory frameworks for cryptocurrencies and blockchain next week.

The committee said in a press release that it would hold an open session titled “Examining Regulatory Frameworks for Digital Currencies and Blockchain” on July 30, though it is unclear if this would be a fact-finding mission or if any specific pieces of legislation would be discussed.

Circle CEO Jeremy Allaire, representing the Blockchain Association; Rebecca Nelson, a member of the Congressional Research Service specializing in international trade and finance; and Mehrsa Baradaran, a law professor at the University of California Irvine School of Law will testify as expert witnesses.

The hearing will be livestreamed.

The Senate Banking Committee has held a number of hearings around the space, with the most recent taking place last week, focused on Facebook’s Libra.

Members asked David Marcus, the head of Facebook’s crypto project and the CEO of…

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