The Digital Assets Subcommittee Hearing happened in Washington last week. Congress heard from a number of people both within and outside of the crypto industry. Testimonies included that of Coinbase Chief Legal Officer Paul Grewal, BitGo CEO Mike Belshe, and Penn State Dickinson Law professor Tonya Evans. All three gave impassioned pleas for the government to work with the crypto industry to create smart regulations.
There were a few recurring themes during the hearing. In this episode of Crypto Monitor, Allison Brickell and Vin Narayanan discuss those themes and reflect on the need for clear rules in the crypto space.
Regulators, we hope you’re listening.
Thanks for watching!