CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
The Coin Rise 2024-12-13 22:30:39

Rep French Hill Sees Massive Crypto Regulation Changes In 2025

In 2025, the crypto industry can expect a wave of regulation change as French Hill takes charge of the House Financial Services Committee. French Hill plans to introduce clear regulations in the first 100 days of the new term, making it a key focus for Congress. His leadership could change U.S. crypto policy, creating a stable environment for the digital asset industry, a move long-awaited by crypto stakeholders. Hills Calls for a Shift Toward Crypto Regulation in the U.S. French Hill, a Republican from Arkansas, was recently voted to chair the House Financial Services Committee. This comes after leading the panel’s subcommittee on digital assets. This committee is pivotal in crafting the nation’s crypto regulations, and Hill’s election marks a turning point for the industry. Hill has been a vocal critic of the U.S. Securities and Exchange Commission (SEC), particularly its chairman, Gary Gensler. Hill believes Gensler’s heavy enforcement approach to crypto regulation stifles innovation. In September, U.S. Congressman Tom Emmer criticized Gensler’s SEC leadership, calling his tenure the most destructive and lawless. Hill argues that the U.S. needs a clearer market structure for digital assets, limiting the potential of Web3 and blockchain technologies. Many crypto leaders share this view, calling for necessary changes. The crypto community has praised Hill’s leadership, with groups like the DeFi Education Fund and Blockchain Association supporting his efforts to create clear regulations. They appreciate his focus on innovation and protecting the rights of developers and DeFi users. Hill is seen as a strong advocate for sensible crypto policies. Digital Assets: A Priority in the First 100 Days Hill’s vision for 2025 aligns closely with Steve Scalise, the House Majority Leader. Scalise plans to move a regulatory structure bill for digital assets within the first 100 days of President-elect Donald Trump’s term. The focus will include stablecoins and other key aspects of the crypto landscape, creating much-needed certainty for the industry. Scalise intends to establish a framework that will allow digital assets to grow with clear rules in place. The new bill will provide businesses and innovators with the confidence to build. A Potential Strategic Bitcoin Reserve In addition to regulatory work, discussions around a strategic Bitcoin reserve have gained momentum, both federally and at the state level. Hill will be tasked with navigating these discussions in his new role, including proposals from Senator Cynthia Lummis and Rep. Giovanni Capriglione. Lummis has proposed a bill directing the U.S. Treasury to purchase one million Bitcoins over five years. Capriglione has filed a state bill to create a Bitcoin reserve through donations, holding the assets for up to five years. When asked about the idea of a Bitcoin reserve, Hill acknowledged its appeal but was cautious in his assessment. The post Rep French Hill Sees Massive Crypto Regulation Changes In 2025 appeared first on TheCoinrise.com .

阅读免责声明 : 此处提供的所有内容我们的网站,超链接网站,相关应用程序,论坛,博客,社交媒体帐户和其他平台(“网站”)仅供您提供一般信息,从第三方采购。 我们不对与我们的内容有任何形式的保证,包括但不限于准确性和更新性。 我们提供的内容中没有任何内容构成财务建议,法律建议或任何其他形式的建议,以满足您对任何目的的特定依赖。 任何使用或依赖我们的内容完全由您自行承担风险和自由裁量权。 在依赖它们之前,您应该进行自己的研究,审查,分析和验证我们的内容。 交易是一项高风险的活动,可能导致重大损失,因此请在做出任何决定之前咨询您的财务顾问。 我们网站上的任何内容均不构成招揽或要约