U.S. House Committee to Hold Hearing on Cryptocurrency Banking Restrictions

According to Odaily, the U.S. House Financial Services Committee's Subcommittee on Oversight and Investigations is scheduled to hold a hearing on February 6 at 2:00 PM Eastern Time (February 7 at 3:00 AM UTC+8). The hearing, titled 'Choke Point 2.0: How the Biden Administration is Suppressing Cryptocurrency,' will focus on the banking service restrictions faced by the cryptocurrency industry. Witnesses include Austin Campbell, Paul Grewal, Fred Thiel, and Shayna Olesiuk. The discussion is expected to cover the attitudes of financial regulatory agencies towards crypto enterprises and the impact on the industry's development.