Legislator French Hill Seeks to Make US a Center of Blockchain Innovation
US lawmaker French Hill promised to facilitate blockchain adoption in the country.
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US lawmaker French Hill promised to facilitate blockchain adoption in the country.
The chair of the Financial Services Subcommittee on Digital Assets wants to make America the place for fintech and blockchain innovation.
U.S. Representative French Hill questions the efficacy of Senator Elizabeth Warren's Digital Asset Anti-Money Laundering Act, arguing it won't deter terrorist organizations from using cryptocurrencies. The act's broad regulatory scope, including miners and validators, sparks controversy. (Read More)
Hill won after a second round vote, beating three other crypto-friendly Republicans Current Chair Patrick McHenry is retiring in on January 25, 2025 Hill has championed several crypto bills, including legislation to regulate digital assets Crypto-friendly French Hill will take over as Chair of the US House Financial Services Committee in next year’s new Congress. […]
The post French Hill voted in to chair US House Financial Services Committee next year appeared first on CoinJournal.
The Arkansas Representative is expected to take over leadership at the House committee crucial to digital asset policy following the departure of Patrick McHenry.
Two congressional Republicans are calling for a briefing from the Treasury Department about the recent cyber breach by an alleged China-backed hacker.
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