On March 9th, Congressman French Hill led the first House Financial Services Subcommittee on Digital Assets hearing to investigate the Biden Administration’s recent actions on digital assets.
Hill’s Subcommittee looks to help regulate cryptocurrency and other digital financial instruments.
Hill said:
As the Chairman of the Digital Assets Subcommittee, I look forward to continuing to work on legislation that can pass out of committee with bipartisan support. As a legal matter, only Congress can establish the regulatory framework for digital assets that I strongly believe we need in this country to make America a leader while protecting consumers and investors.Watch Hill’s remarks at the Subcommittee hearing: “Coincidence or Coordinated? The Administration’s Attack on the Digital Asset Ecosystem” below: