Cleaning Up Cryptocurrency: The Energy Impacts of Blockchains (U.S. House Committee on Energy and Commerce, Subcommittee on Oversight and Investigations)

Hearing Cleaning Up Cryptocurrency: The Energy Impacts of Blockchains Committee U.S. House Committee on Energy and Commerce, Subcommittee on Oversight and Investigations Date January 20, 2022   Hearing Takeaways: Cryptocurrency Mining’s Energy Consumption: The hearing focused on the growing popularity of cryptocurrency mining and blockchains and the energy consumption associated with these technologies. Cryptocurrency mining […]

Digital Assets and the Future of Finance: The President’s Working Group on Financial Markets’ Report on Stablecoins (U.S. House Committee on Financial Services)

Hearing Digital Assets and the Future of Finance: The President’s Working Group on Financial Markets’ Report on Stablecoins Committee U.S. House Committee on Financial Services Date February 8, 2022   Hearing Takeaways: Stablecoins: The hearing focused on stablecoins, which are digital assets that have their values pegged to a reserve asset (such as the U.S. […]

Examining Digital Assets: Risks, Regulation, and Innovation (U.S. Senate Committee on Agriculture, Nutrition, and Forestry)

Hearing Examining Digital Assets: Risks, Regulation, and Innovation Committee U.S. Senate Committee on Agriculture, Nutrition, and Forestry Date February 9, 2022   Hearing Takeaways: The U.S.’s Oversight and Regulation of Digital Assets and Cryptocurrencies: The hearing focused on the U.S.’s current oversight and regulation of digital assets and cryptocurrencies, with a particular emphasis on the […]

Examining the President’s Working Group on Financial Markets Report on Stablecoins (U.S. Senate Committee on Banking, Housing, and Urban Affairs)

Hearing Examining the President’s Working Group on Financial Markets Report on Stablecoins Committee U.S. Senate Committee on Banking, Housing, and Urban Affairs Date February 15, 2022   Hearing Takeaways: Stablecoins: The hearing was focused on stablecoins and how U.S. policymakers were approaching this novel payments technology. Stablecoins are cryptocurrencies that have their values pegged to […]

Understanding the Role of Digital Assets in Illicit Finance (U.S. Senate Committee on Banking, Housing, and Urban Affairs)

Hearing Understanding the Role of Digital Assets in Illicit Finance Committee U.S. Senate Committee on Banking, Housing, and Urban Affairs Date March 17, 2022   Hearing Takeaways: Use of Digital Assets and Cryptocurrencies in Illicit Finance: The hearing focused on the role of digital assets and cryptocurrencies in illicit finance, including in the facilitation of […]

What’s in Your Digital Wallet? A Review of Recent Trends in Mobile Banking and Payments (U.S. House Committee on Financial Services, Task Force on Financial Technology)

Hearing What’s in Your Digital Wallet? A Review of Recent Trends in Mobile Banking and Payments Committee U.S. House Committee on Financial Services, Task Force on Financial Technology Date April 28, 2022   Hearing Takeaways: Digital Wallets and Peer-to-Peer Payment Applications: Task Force Members and the hearing’s witnesses expressed interest in the growth in the […]

Changing Market Roles: The FTX Proposal and Trends in New Clearinghouse Models (U.S. House Committee on Agriculture)

Hearing Changing Market Roles: The FTX Proposal and Trends in New Clearinghouse Models Committee U.S. House Committee on Agriculture Date May 12, 2022   Hearing Takeaways: FTX’s Proposal to Offer Direct Clearing: The hearing focused on FTX’s current application with the U.S. Commodity Futures Trading Commission (CFTC) to offer direct clearing for margined futures contracts. […]

Digital Assets and the Future of Finance: Examining the Benefits and Risks of a U.S. Central Bank Digital Currency (U.S. House Committee on Financial Services)

Hearing Digital Assets and the Future of Finance: Examining the Benefits and Risks of a U.S. Central Bank Digital Currency Committee U.S. House Committee on Financial Services Date May 26, 2022   Hearing Takeaways: Proposals to Establish a U.S. Central Bank Digital Currency (CBDC): The hearing focused on the U.S. Federal Reserve’s consideration of CBDCs […]

Rising Threats: Ransomware Attacks and Ransom Payments Enabled by Cryptocurrency (U.S. Senate Committee on Homeland Security and Governmental Affairs)

Hearing Rising Threats: Ransomware Attacks and Ransom Payments Enabled by Cryptocurrency Committee U.S. Senate Committee on Homeland Security and Governmental Affairs Date June 7, 2022   Hearing Takeaways: Ransomware Attacks and Cyber Incidents: The hearing focused on the recent uptick in ransomware attacks and cyber incidents impacting both public and private networks. The hearing highlighted […]

Terrorism and Cryptocurrency: Industry Perspectives (U.S. House Committee on Homeland Security, Subcommittee on Intelligence and Counterterrorism)

Hearing Terrorism and Cryptocurrency: Industry Perspectives Committee U.S. House Committee on Homeland Security, Subcommittee on Intelligence and Counterterrorism Date June 9, 2022   Hearing Takeaways: Use of Cryptocurrencies in Illicit Activities: The hearing primarily focused on combating the use of cryptocurrencies in illicit activities. Subcommittee Members and the hearing’s witnesses stated that cryptocurrencies were attractive […]

The Future of Digital Asset Regulation (U.S. House Committee on Agriculture, Subcommittee on Commodity Exchanges, Energy, and Credit)

Hearing The Future of Digital Asset Regulation Committee U.S. House Committee on Agriculture, Subcommittee on Commodity Exchanges, Energy, and Credit Date June 23, 2022   Hearing Takeaways: Regulation of Digital Assets: Subcommittee Members and the hearing’s witnesses remarked that the growing popularity and increasing volatility of digital assets necessitated that the assets receive more robust […]

Protecting Investors and Savers: Understanding Scams and Risks in Crypto and Securities Markets (U.S. Senate Committee on Banking, Housing, and Urban Affairs)

Hearing Protecting Investors and Savers: Understanding Scams and Risks in Crypto and Securities Markets Committee U.S. Senate Committee on Banking, Housing, and Urban Affairs Date July 28, 2022   Hearing Takeaways: Scams and Frauds within the Cryptocurrency Market: The hearing focused on how an increasing number of financial scams and frauds were being applied to […]