Congressman French Hill eyeing comprehensive market structure, IPO rules for crypto industry
Congressman French Hill, the newly elected chair of the House Financial Services Committee, has unveiled plans to tackle crypto regulations and reignite public market growth
In a Dec. 13 CNBC interview, Hill emphasized the need to end regulatory confusion that has hindered the growth of digital assets. His priorities mark a shift toward fostering innovation while addressing gaps in the US financial regulatory framework.
He emphasized the importance of regulatory clarity for the industry, stating:
“We need a market structure for crypto… That is a top priority for us.”
Hill’s agenda includes simplifying market oversight, reducing banking restrictions, and incentivizing companies to pursue initial public offerings (IPOs).
