American Innovation and the Future of Digital Assets: Aligning the U.S.... (EventID=118116)

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Connect with the House Financial Services Committee » Get the latest news: https://democrats-financialservices.house.gov/ » Follow us on Facebook: https://www.facebook.com/USHouseFSC » Follow us on Twitter: https://x.com/USHouseFSC » Follow us on Instagram: https://www.instagram.com/ushousefsc/ » Follow us on Bluesky: https://bsky.app/profile/ushousefsc.bsky.social ___________________________________ » Subscribe: https://www.youtube.com/@USHouseFSC?sub_confirmation=1 ___________________________________ Wednesday, April 9, 2025, at 10::00 a.m. (ET) Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence Chair Congressman Steil and Ranking Member Congressman Lynch will hold a hearing entitled, “American Innovation and the Future of Digital Assets: Aligning the U.S. Securities Laws for the Digital Age." ___________________________________ Witnesses for this one-panel hearing will be: ● Mr. Rodrigo Seira, Special Counsel, Cooley LLP ● Ms. Tiffany Smith, Partner and Co-Chair of the Blockchain and Cryptocurrency Working Group, WilmerHale ● Mr. Jake Werrett, Chief Legal Officer, Polygon ● Ms. Alexandra Thornton, Senior Director, Financial Regulation for Inclusive Economy, Center for American Progress ___________________________________ This hearing will examine the significant legal uncertainty surrounding the application of securities laws to digital assets, which leaves users inadequately protected and stifles innovation. While some aspects of the digital asset ecosystem fall under securities laws, others do not, and existing regulatory requirements are not fit for purpose. In cases where securities laws do apply, modifications may be necessary to preserve the benefits of digital assets while effectively mitigating their risks. This hearing will explore which digital asset activities implicate U.S. securities laws, why current regulations may not apply, and how Congress can take legislative action to address these challenges. #digitalassets #crypto #cryptocurrency #congress #innovation #blockchain ___________________________________ Hearing page: https://democrats-financialservices.house.gov/events/eventsingle.aspx?EventID=413144