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House Democrats Set Up A Working Group Focused On Cryptocurrencies
Summary: At the central bank digital currency-related virtual hearing held on Tuesday, Representative Maxine Waters (D-CA), who leads the House Financial Services Committee, said that members of the Democratic House of Representatives are convening a new working group focused on cryptocurrencies. She expressed her concern about the growth of cryptocurrency, saying: "As cryptocurrencies grow exponentially, I've ...
At the central bank digital currency-related virtual hearing held on Tuesday, Representative Maxine Waters (D-CA), who leads the House Financial Services Committee, said that members of the Democratic House of Representatives are convening a new working group focused on cryptocurrencies.
She expressed her concern about the growth of cryptocurrency, saying: "As cryptocurrencies grow exponentially, I've organized a working group of Democratic members to engage with regulators and experts to do a deep dive on this poorly understood and minimally regulated industry."
By Mary Liu
Tags: Cryptocurrency,House Financial Services Committee,regulated
Link: House Democrats Set Up A Working Group Focused On Cryptocurrencies [Copy]
