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Crypto CEOs appear before US Congress. Key highlights of what they said
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CEOs of several major cryptocurrency companies made their way to Capitol Hill, where they faced a Congressional hearing.
The House Financial Services Committee conducted a hearing on “Digital Assets and the Future of Finance: Understanding the Challenges and Benefits of Financial Innovation in the United States”.In attendance were Samuel Bankman-Fried, CEO of FTX, one of the world’s largest cryptocurrency exchanges; Alesia Haas, CFO of Coinbase Global; Jeremy Allaire, the CEO of Circle, the issuer of the USDC stablecoin; Charles Cascarilla, CEO of Paxos, which issues the Pax Dollar (USDP) stablecoin; Brian Brooks, CEO of bitcoin-mining company Bitfury; and Denelle Dixon, the CEO of Stellar Development Foundation, a non-profit which
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