Brown Rudnick partner Hailey Lennon discusses the possible regulatory holes brought to light by FTX's collapse and lawmakers' push for increased crypto regulations.
Republicans on the House Financial Services Committee announced Thursday that they are launching a newRep. French Hill, R-Ark., will serve as the inaugural chairman of the Subcommittee on Digital Assets, Financial Technology and Inclusion. and change in the financial sector, it is our job to work across the aisle and promote responsible innovation while encouraging FinTech innovation to flourish safely and effectively in the United States," Hill said in a statement.
Crypto is NOT US Treasury. Crypto is just as foreign as any other foreign currency. It's not up to the US Government to recover your bad decisions exchanging US Legal Tender for some damn Crypto Crap.
DID THEY REALLY FIND THE FAMOUS LOST CRACK PIPE WITH THE CLASSIFIED PAPERS?
Crypto Currency is really no different than any other foreign currency, not of the US Treasury.