The chairman of a newly formed digital assets committee, U.S. Rep. French Hill, has outlined some priorities for regulating the crypto sector and making America the place for fintech and blockchain innovation. “We want a regulatory framework that is transparent to developers, investors and potential consumers“, the legislator stressed.
A U.S. lawmaker shares his priorities for regulating crypto-currencies.
U.S. Rep. French Hill (R-AR), who was recently appointed chairman of the newly formed subcommittee on “Digital Assets, Financial Technology and Inclusion.“, discussed several crypto-related priorities for his subcommittee in an interview with CNBC on Thursday.
Responding to a question about whether the U.S. should have an exchange-traded fund (ETF) for bitcoin, he explained that it’s an area his subcommittee wants to explore. The congressman elaborated:
You’ll see us looking at a privacy act, a federal privacy act…you’ll see us looking at a stablecoin bill…you’ll see us exploring what the ramifications are for the securities market, and working with the…