The committee on financial services in the House has created a maiden subcommittee on digital assets, said chair Patrick McHenry. “This creates a fertile ground for a legal framework encapsulating digital assets,” commented Congressman French Hill, the leader of the digital asset committee. He also said that America has matured now to become a forerunner in this type of innovation, and he noted that the country needs to provide protection to the consumers and investors.
Some of the tasks assigned to the first-ever digital assets subcommittee include the following…
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