The Senate Banking Committee Hearing on Cryptocurrencies

On Tuesday, July 27, the Senate Committee on Banking, Housing and Urban Affairs held a hearing entitled, “Cryptocurrencies: What Are They Good For?” During the hearing, Senators and witnesses discussed: cryptocurrencies relationship to the traditional financial system; intermediaries; decentralized finance; regulations; international standards; Filecoin; FedNow Service; and cryptocurrencies impact on climate change.

Download summary memo.