Senate Banking Committee Hearing on Digital Assets
Today, Chainalysis Co-Founder and CEO Jonathan Levin joined a panel of industry leaders and policymakers on Capitol Hill to testify at a pivotal Senate hearing on the landmark efforts to bring clarity and structure to digital asset regulation in the U.S. The discussion reflected a growing consensus: crypto is here to stay, but the rules that govern it need a serious upgrade.
Here are five key takeaways from the hearing:
1. Blockchain isn’t lawless—it’s traceable
Senator Tim Scott opened by declaring that blockchain technology is “here to stay,” echoing Levin’s core message: crypto is not a black box. Less than 1% of crypto transactions are linked to illicit activity—on par with or better than traditional finance….