The House of Representatives meeting will be attended by the heads of companies such as Circle, FTX, Bitfury, Paxos and the Stellar Development Foundation.
The US House of Representatives will hold a debate on December 8 on "Digital Assets and the Future of Finance: Understanding the Challenges and Benefits of Financial Innovation." The discussion will be attended by representatives of the cryptoindustry.
Among the invitees: CEO of the Circle payment company Jeremy Allair, CEO of FTX crypto exchange Sam Bankman-Fried, CEO of blockchain company Bitfury Brian Brooks, CEO of digital asset broker Paxos Charles Cascarilla, CEO of the distributed ledger developer Stellar Development Foundation Denelle Dixon and CFO of crypto exchange Coinbase Haas.
On December 1, the head of the US Securities and Exchange Commission (SEC) Gary Gensler called Bitcoin an autonomous alternative and a competitor to the American banking system. Bitcoin and its autonomous approach are trying to undermine this system, so the regulator does not support such competition, the head of the SEC noted. Gensler previously argued that the regulator has no plans to ban Bitcoin and other cryptocurrencies.