Golden Finance reported that as the cryptocurrency industry faces regulatory resistance, lawmakers in the United States and the United Kingdom are preparing to bring the discussion into the public domain. On June 13, the two countries will hold a hearing, marking a pivotal moment in the ongoing debate over digital asset regulation.
The UK Parliament will debate the findings of the Cryptocurrencies and Digital Assets All Party Parliamentary Group (APPG) report on the need for cryptocurrency regulation. The debate, led by APPG Chair Dr Lisa Cameron MP, will begin at 11:00am BST.
Later in the day, the House Financial Services Committee will hold a hearing entitled "The Future of Digital Assets: Providing Clarity to the Digital Asset Ecosystem" at 2:00 p.m. ET. The hearing is intended to focus the attention of lawmakers and the public on digital assets, their potential risks and benefits, and the role of governments in regulating them.