The House Finance Committee has announced another hearing on cryptocurrency regulation as demand for congressional action on the virulent industry intensifies.
Held by the Digital Assets, Financial Technology and Inclusion Subcommittee and Entitled “Digital Dollar Dilemma: The Implications of a Central Bank Digital Currency and Private Sector Alternatives,” the hearing will take place at 2:00 PM ET on Thursday, September 14, 2023.
The year 2023 has witnessed a flurry of activity from federal agencies and lawmakers seeking to navigate the rapidly evolving landscape of digital assets. The urgency to implement a cohesive legislative framework has arguably reached a tipping point, spurred by market volatility, investor protection concerns, and the global race to define standards for digital currencies.
Congressional pressure
The cryptocurrency industry has seen increased attention from Capitol Hill this year, with lawmakers on both sides feeling pressure to act.
Leading the charge, Dem
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