The House Financial Services Committee heard from several CEOs of major cryptocurrency companies in the United States, some of whom appeared to present a united front in urging lawmakers to provide a clear regulatory framework for cryptocurrencies.
Speaking at a hearing Wednesday on Digital Assets and the Future of Finance: Understanding the Challenges and Benefits of Financial Innovation in America, Jeremy Allaire, Circle CEO, Sam Bankman-Fried, FTX CEO, Brian Brooks, CEO from Bitfury, Chad Cascarilla,, CEO of Paxos The CEO of the Development Foundation, Denelle Dixon, and Alesia Haas, CEO of Coinbase Inc. and CFO of Coinbase Global (NASDAQ :), spoke to US lawmakers about the challenges their companies face as stablecoin issuers and digital asset exchanges.
- US lawmaker urges Congress to act on cryptocurrencies
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