The U.S. Senate Banking Committee will conduct a comprehensive hearing on July 9 to focus on discussing the structure of the cryptocurrency market.
MAIN CONTENT
The hearing takes place on July 9 at 21:00 Vietnam time.
The hearing focuses on analyzing the structure of the cryptocurrency market.
When does the U.S. Senate Banking Committee hold the hearing and what is its purpose?
The U.S. Senate Banking Committee is set to hold a hearing on July 9 at 21:00 Vietnam time, aiming for an in-depth analysis of the structure of the cryptocurrency market.
The organization of this hearing demonstrates the high-level interest of the U.S. government in issues related to market structure – a key factor determining the transparency and stability of the DeFi sector.
Which witnesses will participate in the hearing and what is their role in the cryptocurrency industry?
Four main witnesses have been confirmed: Brad Garlinghouse (CEO of Ripple), Kristin Smith (CEO of Blockchain Association), Jonathan Levin (CEO of Chainalysis), and Dan Robinson (partner at Paradigm).
These individuals are all leaders with extensive expertise and significant influence in the cryptocurrency field, playing a crucial role in shaping and operating market, technological, and legal standards.
The hearing reflects the Senate's commitment to supporting the development of a more transparent and well-organized cryptocurrency market.
Jonathan Levin, CEO of Chainalysis, 2024
How does the hearing affect the development and regulation of the cryptocurrency market in the U.S.?
The hearing is likely to guide future cryptocurrency regulatory policies, contributing to clarifying the legal framework for activities related to Blockchain and cryptocurrencies.
Thorough discussions on market structure will help lawmakers gain a better understanding of the current operations and potential risks, thereby building trust and promoting sustainable investment in the sector.
Building a robust market mechanism is foundational for creating competitive advantages and protecting cryptocurrency users globally.
Brad Garlinghouse, CEO of Ripple, 2024
Frequently Asked Questions
What time is the hearing in Vietnam time?
It takes place at 21:00 on July 9, 2024.Who are the witnesses in this hearing?
Brad Garlinghouse, Kristin Smith, Jonathan Levin, and Dan Robinson.What issues does the hearing focus on?
Focusing on discussing the structure of the cryptocurrency market in the U.S.What significance does the hearing have for the cryptocurrency market?
Helps shape regulatory policies and enhance transparency and stability of the market.Who will benefit from this hearing?
Investors, cryptocurrency businesses, and relevant regulatory agencies.
Source: https://tintucbitcoin.com/ripple-paradigm-tham-gia-phien-dieu-tran/
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