U.S. cryptocurrency mogul scheduled to attend hearing on December 8

As the cryptocurrency's market cap surpasses $ 2 trillion, how to manage it has become a political issue that governments around the world must soon grapple with.

For example, the US cryptocurrency giants traveled to the United States Capitol to attend the hearing on December 8.

Maxine Waters, President of Home Finance Group, announced that there will be a board hearing on December 8 at 10 a.m. titled "The Future of Financials and Financial Instruments: Understanding the Challenges." The Benefits of American Financial Aid ”.

The current evidence is:

Jeremy Allaire, Co-Founder, President and CEO of Circle

Samuel Bankman-Fried, CEO and Founder of FTX

Brian P. Brooks, CEO of OCC and CEO of Bitfury Group in the Trump Era

Charles Cascarilla, CEO and co-founder of Paxos Trust Company

Denelle Dixon, CEO and CEO, Stellar Development Foundation

Alésia Jeanne Haas, CEO of Coinbase Inc. and CFO of Coinbase Global Inc.

The United States Government's Financial Services Commission has previously discussed several issues regarding the regulation of cryptocurrencies.

In July 2019, Maxine Waters convened a hearing to examine Facebook's demand for cryptocurrency and its impact on consumers, investors, and U.S. financial institutions.

In October 2020, Maxine Waters called Facebook President and CEO Mark Zuckerberg to hold a hearing on Facebook's impact on financial services and housing.

In September 2021, the Fintech working group organized a roundtable entitled “Banking licenses: legal research on mortgages and payments in the age of fintech”.

In June 2021, the Financial Services Committee hosted a panel discussion titled “The Dollar: Research into the Impact of Central Bank Digital Currencies on Technology Infrastructure, Privacy and Financial Inclusion”.

In June 2021, Maxine Waters announced the formation of the Democratic Digital Assets Task Force.

In June 2021, the Research and Research Council held a hearing titled "America is on Fire": Is the Cryptocurrency Craze a Threat to Financial Freedom and Early Retirement? or a financial loss?

In July 2021, the National Security, International Development and Monetary Policy Subcommittee convened a meeting titled “Central Bank Digital Currency Commitments and Risks”.