The Subcommittee on Innovation, Information, and Commerce of the U.S. Home of Representatives Vitality and Commerce Committee met to debate blockchain know-how and the way forward for Web3 June 7. Members of the crypto trade, together with Polygon Labs President Ryan Wyatt, and a number of other authorized specialists, appeared earlier than the committee to interact in what turned out to be a constructive dialogue.
This assembly was held simply after the The SEC introduced back-to-back lawsuits in opposition to main crypto exchanges Binance and Coinbase (NASDAQ:). In Wyatt’s testimony, he mentioned the potential of blockchain know-how and its worth to customers, and the advantages of constructing a wholesome and well-regulated blockchain ecosystem in the US.
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