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Senate Banking Committee Convenes Crypto Power Panel Ahead of Landmark Regulation Vote

  • The US Senate Banking Committee will hold a key hearing on 9 July to explore federal oversight of the crypto industry.
  • Lawmakers are reviewing the GENIUS Act for stablecoins and the CLARITY Act for broader digital asset regulation during the hearing.
  • Notable figures like Ripple's CEO Brad Garlinghouse will present perspectives on shaping a new digital asset framework at the session.
  • The hearing coincides with 'Crypto Week' in the House, emphasizing the importance of digital asset legislation as lawmakers aim for a bipartisan approach.

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