On Wednesday, December 8, the House Financial Services Committee held a hearing titled, “Digital Assets and the Future of Finance: Understanding the Challenges and Benefits of Financial Innovation in the United States.” During the hearing, Members and witnesses discussed: digital assets, including digital wallets, stablecoins, and the Infrastructure Investment and Jobs Act cryptocurrency provisions; cybersecurity; financial inclusion; financial stability; digital assets as securities; a central bank digital currency (CBDC); and the environmental impacts of cryptocurrency.
