{"id":51440,"date":"2023-06-07T04:36:59","date_gmt":"2023-06-07T08:36:59","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=51440"},"modified":"2023-06-07T04:37:03","modified_gmt":"2023-06-07T08:37:03","slug":"fsc-schedules-hearing-on-crypto-digital-assets","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/fsc-schedules-hearing-on-crypto-digital-assets\/","title":{"rendered":"FSC Schedules Hearing on Crypto, Digital Assets"},"content":{"rendered":"\n

The Financial Services Committee (FSC) of the United States has scheduled a hearing on crypto and digital assets<\/a> to discuss and clarify critical issues in the ecosystem.\u00a0<\/p>\n\n\n\n

\"FSC
FSC Schedules Hearing on Crypto, Digital Assets<\/figcaption><\/figure>\n\n\n\n

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.” <\/p>\n\n\n\n

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.<\/p>\n\n\n\n

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FSC Chairman\u00a0Patrick McHenry\u00a0announces a hearing on the future of the digital asset ecosystem and Congress' efforts to provide clear rules of the road. Source:\u00a0financialservices.house.gov<\/figcaption><\/figure>\n\n\n\n

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<\/a>, capital markets, and currency production and distribution.<\/p>\n\n\n\n

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.<\/p>\n\n\n\n

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\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a> (SEC) going after cryptocurrency exchange Binance and Coinbase almost immediately after that.<\/p>\n\n\n\n

\n

#NEW<\/use><\/svg><\/span><\/a>: Chairman @PatrickMcHenry<\/use><\/svg><\/span><\/a> announces a hearing on the future of the digital asset ecosystem and Congress' efforts to provide clear rules of the road.

Read more \ud83d\udd17https:\/\/t.co\/HwaPWBjJqG<\/use><\/svg><\/span><\/a><\/p>— Financial Services GOP (@FinancialCmte) June 6, 2023<\/use><\/svg><\/span><\/a><\/blockquote>

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. <\/p>\n\n\n\n

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.” <\/a><\/p>\n\n\n\n

There, the House Ag Committee also discussed the future of digital assets, specifically the bill McHenry and House Ag chairman Glenn Thompson drafted.<\/p>\n","protected":false},"excerpt":{"rendered":"

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.\u00a0 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 […]<\/p>\n","protected":false},"author":12,"featured_media":51455,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[132,1526,1888],"class_list":["post-51440","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-crypto","tag-digital-assets","tag-fsc"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/06\/image-21.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/51440","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=51440"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/51440\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/51455"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=51440"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=51440"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=51440"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}