Copy link
Increase text size
Decrease text size
Link copied

House Financial Services and Agriculture Subcommittees to Hold Joint Hearing on Digital Asset Markets

May 10th Hearing to Address Regulatory Gaps in Wake of SEC and CFTC Actions

Image from Unsplash

Fri, 05 May 2023, 12:22 pm UTC

The House Financial Services Committee and House Agriculture subcommittee will collaborate to hold a hearing titled "The Future of Digital Assets: Measuring the Regulatory Gaps in the Digital Asset Markets" on May 10th.

The hearing is expected to address regulatory gaps in digital asset markets, following recent enforcement actions and hearings by the Securities and Exchange Commission and the Commodity Futures Trading Commission.

Republican Rep. French Hill's Subcommittee on Digital Assets, Financial Technology and Inclusion will participate alongside Republican Rep. Dusty Johnson's House Agriculture's Commodity Markets, Digital Assets, and Rural Development subcommittee.

Rep. Patrick McHenry, who leads the House Financial Services Committee, recently announced during a Consensus 2023 conference that a new bill will be introduced within the next two months.

Last year, McHenry and then-House Financial Services Committee Chair Maxine Waters collaborated on a stablecoin bill that ultimately fell through. During a hearing last month, Waters stated that the posted bill should be disregarded, while McHenry claimed that it should serve as the foundation for a federal framework, indicating differing opinions.

Additionally, Sens. Cynthia Lummis and Kirsten Gillibrand plan to introduce a revised version of the Responsible Innovation Act this spring, which will provide more detailed definitions for tokens while delegating oversight of the most popular cryptocurrencies to the CFTC and addressing stablecoins and taxes.

TokenPost | [email protected]

<Copyright © TokenPost. All Rights Reserved. >

  • PUBLISH (NEWS) $0.000558 (-4.77%)
  • Bitcoin (BTC) $28,011.70 (+3.31%)
  • Ethereum (ETH) $1,687.10 (+0.49%)
  • Tether USDt (USDT) $1.00 (-0.01%)
  • BNB (BNB) $216.56 (+0.62%)
  • XRP (XRP) $0.518652 (+0.28%)
  • PUBLISH (NEWS) $0.000558 (-4.77%)
Jul 15, 2021 (Thursday)
13:30
BTC Surges by 1.16% Within 5 Mins, Marking 31,824.01 USDT
12:06
BTC Surges by 1.12% Within 5 Mins, Marking 32,104.8 USDT
10:25
BTC Drops by 1.03% Within 5 Mins, Marking 32,171.88 USDT
02:13
TriumphX Scouts 'MINAMCOMPANY' CEO Woo-Seong Lee As Creative Director
02:00
ETH Tops List Of Crypto Net Inflow With $298.96 Mln In Past 10 Hours
Jul 14, 2021 (Wednesday)
13:14
BTC Surges by 1.03% Within 5 Mins, Marking 32,738.08 USDT
09:03
BTC Surges by 1.01% Within 5 Mins, Marking 31,899 USDT
02:30
Crypto Market Sentiment On Jul 14: Market In "Extreme Fear"
02:00
ETH Tops List Of Crypto Net Outflow With $224.97 Mln In Past 10 Hours
Jul 13, 2021 (Tuesday)
02:30
Crypto Market Sentiment On Jul 13: Market In "Extreme Fear"
02:00
ETH Tops List Of Crypto Net Outflow With $178.61 Mln In Past 10 Hours
Jul 12, 2021 (Monday)
02:30
Crypto Market Sentiment On Jul 12: Market In "Extreme Fear"
02:00
BTC Tops List Of Crypto Net Inflow With $164.82 Mln In Past 10 Hours
Jul 11, 2021 (Sunday)
21:31
BTC Surges by 1.02% Within 5 Mins, Marking 34,475.6 USDT
10:00
ETH Tops List Of Crypto Net Inflow With $122.76 Mln In Past 18 Hours
06:17
SOBA Listed On LATOKEN
02:30
Crypto Market Sentiment On Jul 11: Market In "Extreme Fear"
02:00
BTC Tops List Of Crypto Net Outflow With $87.56 Mln In Past 10 Hours
Jul 9, 2021 (Friday)
21:40
BTC Surges by 1.08% Within 5 Mins, Marking 33,911.8 USDT
02:30
Crypto Market Sentiment On Jul 09: Market In "Extreme Fear"
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.