Myths Busted And Conflicts Of Interest Noted At Senate Banking Crypto Market Structure Hearing
Today, the Senate Banking Committee hosted a hearing entitled “From Wall Street to Web3: Building Tomorrow’s Digital Asset Markets” in which U.S. senators from both sides of the aisle engaged with crypto industry leaders and digital asset specialists (witnesses at the hearing) to discuss digital asset market structure.
Key themes from the hearing included crypto’s role in illicit finance, the conflict of interest associated with the Trump family’s involvement in the crypto industry, and regulatory jurisdiction.
Senate Banking Chairman Tim Scott (R-SC) presided over the hearing alongside Ranking Member Elizabeth Warren (D-MA). They were joined by more than a half dozen other senators and six witnesses for…
