Cryptocurrency execs testify before U.S. Congress, warn 'onerous' regulation may have a 'chilling' industry effect

[Redaktion]

Alesia Haas, the CEO of Coinbase Inc. is testifying before the U.S. House Committee on Financial Services alongside five other crypto exchange representatives for the first time. In prepared testimonies, the cryptocurrency platform execs urge Congress to be careful while regulating and taxing digital currency like any other asset, as they risk creating "unnecessarily onerous and chilling laws and regulations." The first Congressional hearing of crypto exchange execs is still ongoing, and you can watch the live stream here.

https://www.notebookcheck.net/Cryptocurrency-execs-testify-before-U-S-Congress-warn-onerous-regulation-may-have-a-chilling-industry-effect.583675.0.html

[Anonyneko]

may have a 'chilling' industry effect

And that's exactly the point! That's what we all want.