US Congress to create new crypto working group to tackle blockchain regulation, CBDCs, and more

Earlier this week, Congresswoman Maxine Waters announced that Congress had formed a new working group that would focus on cryptocurrency and fintech policy. Called the Blockchain Caucus or Fintech Task Force, the House Democrat group will feature 12 members of the House Financial Services Committee.

Waters identified the objectives of the new working group as “work[ing] together on legislation and policy solutions on such matters as cryptocurrency regulation, the use of blockchain and distributed ledger technology, and the possible development of a U.S. Central Bank Digital Currency.”

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