Crypto CEOs to Testify Before House Financial Services Committee

Crypto CEOs to Testify Before House Financial Services Committee
CEOs from six major cryptocurrency companies will testify at a Dec. 8 hearing of the House Financial Services Committee, committee Chair Maxine Waters (D-Calif.) announced Wednesday.FTX Sam Bankman-Fried, Circle’s Jeremy Allaire, Bitfury’s Brian Brooks, Paxos’ Charles Cascarilla, Stellar Development Foundation’s Denelle Dixon and Coinbase Inc.’s Alesia Haas will speak at the session entitled “Digital Assets and the Future of Finance: Understanding the Challenges and Benefits of Financial Innovation in the United States.”Waters has been an outspoken critic of crypto largely because of its unregulated nature.In June, she announced that she was forming a group of Democrat House members to tackle…