
The U.S. House of Representatives is set to hold a hearing on April 9 to discuss cryptocurrency market structure legislation. The hearing will be conducted by the House Financial Services Committee's subcommittee on digital assets, focusing on establishing a federal regulatory framework for digital assets. In related developments, the Federal Deposit Insurance Corporation (FDIC) has eliminated its 'reputational risk' rule, which previously allowed banks to cut off lawful crypto firms without clear justification. This change, hailed by White House Crypto Czar David Sacks as a big win for crypto, removes backdoor debanking and regulatory gray zones. Additionally, the Commodity Futures Trading Commission (CFTC) has scrapped its own rule targeting digital asset derivatives, further clearing the way for a more level playing field in the crypto market. These regulatory shifts are viewed as positive developments for crypto firms in the U.S. Meanwhile, Coinbase is pressing forward with its Freedom of Information Act (FOIA) lawsuit against the FDIC, following a Senate hearing where Coinbase's legal chief praised incoming SEC Chair Paul Atkins for his stance on digital assets.
U.S. House Hearing on Crypto Legislation Set for April 9 The U.S. House of Representatives is set to hold a hearing on April 9 to discuss cryptocurrency market structure legislation. The hearing will be conducted by the House Financial Services Committee's digital assets
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🇱🇷 U.S. HOUSE TO HOLD HEARING ON APRIL 9. TOPIC? BITCOIN AND CRYPTO!!! 🔥🔥🔥 https://t.co/Z0i0HTeVUy










