Lawmakers in the U.S. and U.K. are poised to take the discussion into the public sphere as the cryptocurrency industry faces regulatory headwinds. On June 13, the two countries will hold a hearing, marking a pivotal moment in the ongoing debate over digital asset regulation.
The UK Parliament will debate the findings of the Cryptocurrencies and Digital Assets All Party Parliamentary Group (APPG) report on the need for cryptocurrency regulation. Debate led by Dr Lisa Cameron MP, Chair of the APPG.
Later in the day, the House Financial Services Committee will hold a hearing titled “The Future of Digital Assets: Providing Clarity to the Digital Asset Ecosystem” at 2:00 p.m. ET. The hearing is intended to focus the attention of lawmakers and the public on digital assets, their potential risks and benefits, and the role of governments in regulating them.