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House Republicans plan crypto panel in first move to oversee troubled industry

January 13, 2023
Source: politico.com politico.com
News Snapshot:
McHenry revealed the move as he announced broader plans for Financial Services subcommittees and their chairs. Why it matters: The creation of the digital asset panel underscores how crypto has come to dominate the financial regulation agenda in Congress. The Financial Services Committee in the past has largely focused on oversight of banks, Wall Street firms and their regulators. The digital asset industry emerged as a lobbying force the last few years as startups tried to lay the groundwork for a friendly regulatory environment, winning over allies on both sides of the aisle. Crypto firms now find themselves playing defense...
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Tags: bank | bitcoin | blockchain | capital | Congress | crypto | cryptocurrency | currency | digital | Economy | environment | finance | financial | financial services | fintech | fraud | Giant | Honor | insurance | international | IT | national security | technology | Washington

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