-
US Congress to form cryptocurrency working group
U.S. Representative French Hill, a Republican who chairs the House Financial Services Committee, said on Tuesday lawmakers from both chambers of congress would form a working group to develop policy favoring development of digital assets. New legislation will deliver "clarity for a regulatory framework," Hill said at a Capitol Hill news conference, joined by White House crypto and artificial intelligence czar David Sacks as well as other lawmakers. U.S. President Donald Trump in January ordered formation of a cryptocurrency working group comprised of agency heads tasked with proposing new digital asset ... (full story)