Us lawmakers on the House of Lords Committee on Financial institutions have announced that three witnesses will attend a "password-breaking" hearing scheduled for February 14.
At the time of publication of this article, the U.S. Senate Committee on Financial institutions heard a hearing entitled "Crypto Crash: why Digital money must be ensured by the Financial system." witnesses included Yesha Yadav, a law professor at Vanderbilt University, Lee Reiners, current policy director at the University of Connecticut's Center for Economics and Finance, and Linda Jeng, a professor of international economics at Georgetown University's Center for Law and regulations.
This hearing is undoubtedly one of the first hearings to explore digital currency regulation after the 118th session of the US House of Representatives collapsed in 2022 and key trading centers, including FTX, went bankrupt.
Zheng Zhigang will become its top global regulatory officer and general counsel in July, according to the Independent Innovation Committee for password Promotion Agency data encryption (Crypto Council for Innovation, commonly known as CCI). She used to play a similar role in the central alliance created by Circle and Coinbase. According to a spokesman for CCI, Cheng will testify as an expert professor, not as a means of password advocacy team.
Us lawmakers will gather to discuss events in the cryptographic field and implicit regulatory solutions for the first time in two months after a hearing on the collapse of FTX. At the hearing on December 14, foreign star and outspoken password critic Ben Fisher and law professor Trump Lehner testified.Shark tankPlays Jennifer Shulp of the Aaron Oakzhong and Cato Institute.
Rob Bankman-Fried, the former CEO of FTX, was scheduled to sit on the House Financial Information Services Committee on Dec. 13, but he was arrested in the Bahamas before fulfilling the agreement. John Ray, the top executive of the trading center, was the only witness at the hearing and testified under oath at the hearing on the collapse of FTX on Feb. 6.
The data encryption Independent Innovation Committee and Jeng didn't immediately respond to Cointelegraph's request for comment.
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