Stablecoins Top Agenda at Digital Assets Subcommittee Hearing

Reading Time: 2 minutesThe Senate Banking Committee has convened its inaugural hearing on digital assets, focusing on the regulation of stablecoins Former CFTC Chair Timothy Massad recommended postponing market structure legislation for several years Senator Mark Warner expressed concerns regarding the absence of know-your-customer (KYC) protocols in stablecoin transactions The Senate Banking Committee's newly established Digital Assets Subcommittee held its first hearing to deliberate on the future of cryptocurrency regulation on Wednesday, with a particular emphasis on stablecoins.

Feb 27, 2025 - 05:28
Stablecoins Top Agenda at Digital Assets Subcommittee Hearing
StablecoinReading Time: 2 minutesThe Senate Banking Committee has convened its inaugural hearing on digital assets, focusing on the regulation of stablecoins Former CFTC Chair Timothy Massad recommended postponing market structure legislation for several years Senator Mark Warner expressed concerns regarding the absence of know-your-customer (KYC) protocols in stablecoin transactions The Senate Banking Committee's newly established Digital Assets Subcommittee held its first hearing to deliberate on the future of cryptocurrency regulation on Wednesday, with a particular emphasis on stablecoins.

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