Executives from FTX, Circle, Coinbase, and diverse firms will appear.
U.S. Capitol; Shutterstock photo by Felix Lipov
Key Takeaways
- The House Committee on Financial Companies and products plans to possess a panel listening to featuring six crypto executives on Dec. 8.
- The panel will embody CEOs and executives from FTX, Circle, Coinbase, Paxos, Stellar, and Bitfury.
- The purpose of the listening to is to possess cryptocurrency firms responsible to consumers and investors.
The U.S. House Committee on Financial Companies and products has announced that loads of cryptocurrency executives will testify at a panel listening to.
Six Crypto Executives Will Seem
Jeremy Allaire, CEO of the USD Coin company Circle, is first on the record of executives that will back the panel.
The record additionally entails Sam Bankman-Fried, CEO and founding father of the crypto alternate FTX. It additionally entails Brian Brooks, most current CEO of Bitfury and frail performing comptroller for the U.S. Spot of job of the Comptroller of the Currency (OCC).
Chad Cascarilla, CEO of the stablecoin and brokerage firm Paxos, will additionally appear on the panel. Paxos is biggest known for powering crypto companies and products for PayPal and Facebook’s Novi pockets.
Denelle Dixon, CEO of the Stellar Trend Foundation, and Alesia Haas, CFO of Coinbase, will additionally draw an look.
Congresswoman Waters Will Head the Panel
The panel will likely be led by Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Companies and products.
Waters previously held a listening to on Facebook’s proposed crypto plans in 2019, to boot to assorted panels on crypto, digital currencies, and central monetary institution digital currencies (CBDCs).
This upcoming panel is titled “Digital Sources and the Procedure forward for Finance: Figuring out the Challenges and Advantages of Financial Innovation in the US.” The web scream describing the listening to suggests the aim of the tournament is to possess monetary firms responsible to consumers and investors.
The listening to will likely be held at 10: 00 AM ET on Wednesday, Dec. 8. This would possibly per chance likely also be on hand as an online webcast.
Disclaimer: At the time of penning this author held much less than $100 of Bitcoin, Ethereum, and altcoins.
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