🇺🇸 U.S House Committee on Financial Services says "the era of digital assets is no longer just a promise, it's a national priority."

U.S House Committee on Financial Services prioritizes digital assets, exploring regulatory frameworks, adoption, and financial inclusion. Several bills are being developed to shape their future in the US.

The US House Committee on Financial Services is indeed focusing on digital assets, with a hearing titled "A Golden Age of Digital Assets: Charting a Path Forward" held on February 11, 2025. The committee aims to explore the potential of digital assets and blockchain technology, discussing regulatory frameworks, environmental impact, and financial inclusion.

Key Discussion Points:

Regulatory Frameworks: The committee is considering how to support responsible innovation while protecting consumers and investors.

Digital Asset Adoption: Witnesses testified about the growing adoption of digital assets, with over 220 million crypto holders globally and around 16% of Americans invested in cryptocurrencies.

Financial Inclusion: Blockchain technology was discussed as a means to provide fair access to financial services for all Americans, particularly the unbanked population.

Stablecoins: The committee explored the potential of stablecoins, digital tokens pegged to a stable reserve asset like fiat, for crossborder payments and remittances.

Legislative Efforts:

The committee is working on several bills related to digital assets, including:

Securing Innovation in Financial Regulation Act

New Frontiers in Technology (NFT) Act

Bridging Regulation and Innovation for Digital Global and Electronic (BRIDGE) Digital Assets Act

Stablecoin Transparency and Accountability for a Better Ledger Economy (STABLE) Act of 2025

These efforts demonstrate the committee's commitment to shaping the future of digital assets in the US.#BTCWhaleTracker $BNB