US Home committees hear comparable testimonies in simultaneous hearings on digital belongings

The USA Home of Representatives was abuzz with discuss crypto on April 27, as each the Monetary Providers Committee and the Agriculture Committee held hearings with almost an identical titles and lined almost the identical floor with many comparable conclusions.

The Monetary Providers Committee, in its listening to “The Way forward for Digital Belongings: Figuring out the Regulatory Gaps in Digital Asset Market Construction,” heard from Davis Polk accomplice Zachary Zweihorn, who argued that “securities market construction legal guidelines and rules don’t align with digital asset securities.” He stated:

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