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The Senate of the United States for Housing, Banking and Urban Affairs is about to organize on Tuesday, June 24, negotiations with witnesses of heavy weight from the crypto sector.
Key crypto players were about to speak to hear the Subcommittee of the Senate
According to the Committee’s website“Hearing called” Examination of Bipartisan legislative frames for the structure of digital assets “will be held on Tuesday at 15:00 on the Capitol hill.
Sarah Hammer, Executive Director of the University of Pennsylvania Wharton School, Ryan Vangrack, Vice President Coinbase for Legal, Greg Xethalis, General Advisor to Multicoin Capital, and former US Commission Chairman Rostin Benham.
According to reporter Crypto in America Eleantor Terrett, Republicans of the Senate, Housing and City Affairs, they are even proposed to introduce the “principles” of the market for the market structure before tomorrow.
Senator Cynthia Lummis supports market structure legislation
Reports of hearing of the committee comes only one week After the Senate approved the law on the genius In extensive vote 68-30.
“Today is a courageous step forward-first for financial innovations, but for American leadership, consumer protection and economic opportunity,” said Tim Scott (R-SC).
“WITH.” Genius ActWe bring the clarity of the sector that has been overcast by uncertainty and proves that Bipartisan can still bring real leadership results for American people, ”he added.
After approval of the Senate of the Brilliant Act, Senator Cynthia Lummis (R-Wy) encouraged the legislature to advance in agreement Total range of crypto sector state.
“The success of the Act on Geniality depends on the comprehensive legislation on the structure of the market that protects the consumer, provides transparency and creates clearly defined business regulations,” Lummis said. “Congress must act quickly.”
Lummis indicated that the members of the congress have already worked on such legislation “In the coming weeks with seriously” with the hearing of the Senate.
The Geniite Act will now head for the approval of the House of Representatives.
Contribution Kryptor’s Washington Eyes Crypt He appeared for the first time Cryptonews.
