US Rep French Hill Discusses Crypto Plans Under New Role

Quick Summary:

Representative French Hill outlined his commitment to prioritizing digital asset legislation in 2025.

Representative, recently appointed as the next Chair of the House Financial Services Committee, has pledged to tackle politically motivated debanking practices.

Hill pointed out that, under SEC Chairman Gary Gensler, the industry has been subject to “regulation by enforcement,” which he believes hinders innovation.

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Article Details

Author / Journalist: Ronny Mugendi

Category: Crypto

Markets: IndiaUnited States

Topics: Stablecoins Regulations Cryptocurrency regulation Regulation News 24/7 Cryptocurrency News

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-13 @ 20:03:02 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 456 words

Reading Time: 3 minutes read

Sentences: 35 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 24403668

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Main Topics: Crypto

Official Website: coingape.com

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News Last Updated: 10 hours ago

Coverage Areas: India

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