The Financial Services Committee (FSC) of the United States has scheduled a hearing on crypto and digital assets to discuss and clarify critical issues in the ecosystem.
The House Financial Services Committee chairman, Patrick McHenry, announced a full committee hearing on June 6 titled “The Future of Digital Assets: Providing Clarity for the Digital Asset Ecosystem.”
The hearing will be held at the Rayburn House Office Building on June 13, 6:00 PM (UTC). According to the committee’s website, the hearing will also be live-streamed.
The Financial Services Committee is in charge of monitoring the nation’s economy. It accomplishes this by supervising individual reserve banks, the Federal Reserve Board, the United States Treasury, capital markets, and currency production and distribution.
Community members hope the hearing will address some of the most prevalent issues within the space, although the committee needed to provide more information about what will be discussed.
A Twitter user stated that resolving what they termed “coordinated attacks” on cryptocurrency exchanges would be beneficial, referring to the United States Securities and Exchange Commission (SEC) going after cryptocurrency exchange Binance and Coinbase almost immediately after that.
Meanwhile, other community members have requested that the committee keep SEC chairman Gary Gensler in check. A community member believes that the chair of the SEC has “disregarded” what has been discussed at previous hearings.
The announcement of the hearing follows a recent hearing held by the Agricultural Committee of the U.S. House of Representatives. The title of the June 6 hearing was “The Future of Digital Assets: Providing Clarity for Digital Asset Spot Markets.”
There, the House Ag Committee also discussed the future of digital assets, specifically the bill McHenry and House Ag chairman Glenn Thompson drafted.
