House Republicans move to regulate crypto industry with a new subcommittee
Publishing timestamp: 2023-01-13 22:02:48
Summary
Republican lawmakers announced the launch of a new subcommittee to oversee the crypto and fintech industries, chaired by French Hill of Arkansas. This comes after the collapse of FTX in November, and the subsequent indictment of its founder Sam Bankman-Fried. The SEC has stepped up its activity in the crypto industry, charging Gemini and Genesis with unregistered sale and offering of securities.
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Keywords: investment strategy, u.s. democratic party, cryptocurrency, maxine waters, u.s. republican party, sec, ftx token/usd coin metrics, commodity futures trading commission, washington d.c., politics, cryptocurrency exchanges, united states house of representatives, gary gensler, sam bankman-fried, united states, fintech, cynthia lummis, tom emmer, business news, technology,
Source: https://www.cnbc.com/2023/01/13/house-republicans-move-to-regulate-crypto-with-new-subcommittee.html