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On February 11, 2025, industry leaders from major cryptocurrency firms including Kraken and PayPal testified before Congress during a hearing titled "A Golden Age of Digital Assets." The hearing focused on the need for clear regulations to foster cryptocurrency adoption and innovation, amidst discussions on bills concerning stablecoins, NFTs, and decentralized finance (DeFi). Experts cautioned that the U.S. risks falling behind global competitors that are advancing with more crypto-friendly policies. The hearing is seen as a potential return on investment for the crypto industry, which has contributed tens of millions of dollars to Congressional campaigns.
At 10 am, @FinancialCmte will hold a hearing - “A Golden Age of Digital Assets". The #crypto industry poured tens of millions of dollars into Congressional campaigns, and this appears to be a return on their investment. A hearing celebrating crypto rather than asking the tough…
Seems we may have some BULLISH news being presented at the Government level 'A Golden Age of Digital Assets: Charting a Path Forward' Is happening today, at 2:30pm ET Speakers who will be present - Head of Policy + Gov Relations from Kraken - President && CEO of Crypto… https://t.co/h7ECbiUjgA
NEW: CONGRESS IS HOLDING A HEARING TODAY CALLED THE "GOLDEN AGE OF DIGITAL ASSETS" BULLISH FOR #BITCOIN 🚀 https://t.co/u9Vf17n6rX