U.S. House of Representatives forms new cryptocurrency subcommittee
The U.S. House of Representatives has created a new congressional subcommittee focused on digital assets, as one of its first moves under the control of the Republican Party, Congressman Patrick McHenry said on Thursday.
The Subcommittee on Digital Assets, Financial Technology and Inclusion will be the first in the U.S. specifically focused on digital assets and will operate under the House Financial Services Committee.
The new subcommittee will provide rules for federal regulators on the topic of digital currencies, develop policies to promote digital financial technology and strengthen diversity and inclusion in the industry.
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