RATE Group | US Senate to Hold Debate on Crypto, Blockchain Regulatory Frameworks
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US Senate to Hold Debate on Crypto, Blockchain Regulatory Frameworks

US Senate to Hold Debate on Crypto, Blockchain Regulatory Frameworks

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The United States Senate Banking Committee is set to hold a broader debate on crypto and blockchain regulatory frameworks next week.

An official committee announcement indicates the hearing — entitled “Examining Regulatory Frameworks for Digital Currencies and Blockchain” — will take place on July 30. 

The planned witnesses will be Jeremy Allaire, co-founder and CEO of payments company Circle, who will speak on behalf of The Blockchain Association; Rebecca M. Nelson, a specialist in International Trade and Finance at “Congress’s think tank,” the Congressional Research Service; and Professor of Law Mehrsa Baradaran, from the Irvine School of Law at the University of California.

The hearing is scheduled for 10 a.m. EST and will be broadcast live. 

Lawmakers eye regulatory matters beyond Libra

The announced hearing comes on the heels of proceedings before congressional committees on Facebook’s Libra earlier this month. As reported, the Banking Committee of the U.S. Senate

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