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Crypto chiefs tell lawmakers the tech behind digital coins is promising for the future
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WASHINGTON — Cryptocurrency chief executives appeared before Congress on 8 December to argue that their technologies hold promise for the future, as lawmakers and regulators wrestle with how to bring the more-than-$2tn market under government oversight.
The House Financial Services Committee, led by Maxine Waters, called the hearing in hopes of improving lawmakers’ understanding of crypto assets and how the sector fits into existing regulations.
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