The U.S. Home Power and Commerce Committee’s Subcommittee on Innovation, Knowledge, and Commerce met to debate. blockchain know-how and the longer term net 3 Members of the cryptocurrency trade, together with Polygon Labs president Ryan Wyatt and several other authorized consultants, attended the committee and engaged in constructive dialogue.

This assembly was held shortly after SEC publicizes spate of lawsuits In opposition to main cryptocurrency exchanges Binance and Coinbase (NASDAQ:). Wyatt’s testimony Mentioned The potential of blockchain know-how and its worth to customers, and the advantages of constructing a wholesome and well-regulated blockchain ecosystem in the US.

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