Crypto Chiefs Face Democrat Skeptics, GOP Supporters at U.S. House Hea... https://www.bloomberg.com/news/articles/2021-12-08/crypto-chiefs-face-...

Crypto

Crypto Chiefs Face Democrat

Skeptics, GOP Supporters at
House Hearing
By Jesse Hamilton and Robert Schmidt
December 8, 2021, 9:52 a.m. CST
Updated on December 8, 2021, 3:24 p.m. CST

House hearing weighs testimony from digital assets industry

Committee Chairwoman Waters says industry vulnerable to abuse

Executives of major cryptocurrency firms stepped into the

glare of congressional scrutiny for the first time on
Wednesday, telling lawmakers the burgeoning industry
needs federal oversight but resisting some of the hardline

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