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The U.S. House Financial Services Committee has announced its new leadership structure, with Bryan Steil appointed as chair of the Digital Assets, Fintech and Artificial Intelligence Subcommittee. The announcement, first reported by Fox News correspondent Eleanor Terrett, marks a change aimed at addressing key areas of financial regulation and oversight. “Digital assets are transforming finance,” Steil said in 2024. He criticized the SEC’s approach to crypto regulation, arguing that its current policies stifle innovation and drive jobs offshore. Steil`s role will focus on shaping legislative priorities related to digital assets, financial technology and artificial intelligence, key sectors experiencing rapid innovation and regulatory challenges. Related News: Prominent Analyst il Capo Speaks After the Recent Drop in Bitcoin: Is There Any Need to Worry? What to Expect in Altcoins? Besides Steil, other key appointments include: Besides Steil, other key appointments include: Bill Huizenga: Vice Chairman of the Financial Services Committee Mike Haridopolos: Committee Representative Ann Wagner: Chair of the Capital Markets Subcommittee Andy Barr: Chairman, Financial Institutions Subcommittee Warren Davidson: Chairman of the Subcommittee on Homeland Security, Illicit Finance and International Financial Institutions Dan Meuser: Chairman of the Subcommittee on Oversight Investigations Mike Flood: Chairman of the Home Insurance Subcommittee *This is not investment advice. Continue Reading: New Administration in the US Announces a New Critical Appointment for Cryptocurrencies – Here are the Opinions of the New Official
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Stellar Lumens price prediction – XLM bulls seek re-entry at…
Liquidation heatmap showed that a strong recovery could push XLM towards $0.50. BitcoinSistemi
Pro-XRP Lawyer Deaton Calls on Gensler to Make SEC’s Hinman Report Public Within 10 Days
The post Pro-XRP Lawyer Deaton Calls on Gensler to Make SEC’s Hinman Report Public Within 10 Days appeared first on Coinpedia Fintech News In a recent live video, John Deaton, the founder and host of Crypto Law, called for the SEC to release the highly anticipated report on the controversial 2018 speech by former SEC official William Hinman. The speech, which gave Ethereum a regulatory pass, has raised serious concerns about potential conflicts of interest within the SEC. What’s the Issue? Empower Oversight, an independent watchdog group, had asked the Office of the Inspector General (OIG) to investigate possible conflicts of interest related to Hinman’s speech. The investigation has been completed, and the report has been sent to SEC Chairman Gary Gensler. However, it hasn’t been made public yet. Deaton’s Message to the SEC In response to the delay, Deaton, who represents 75,000 XRP holders in the Ripple case, took action by calling the SEC Chairman’s Office directly. In a respectful but firm message, he asked Gensler to release the report within the next 10 days. He also pointed out that the findings are of major interest to the public, especially to those following the Ripple case. Deaton’s message was clear: “This is a respectful request for you to release the report to the public. 75,000 XRP holders are waiting for this.” A Call for Action Deaton encouraged others to join him in pushing for transparency. He urged people to call the SEC or send emails to ask for the report’s release. The goal is to send a clear message that the public deserves to know what’s in the report. Gensler will resign as SEC Chairman on January 20, the same day as Donald Trump’s inauguration. Paul Atkins will take over as the new head of the SEC. As the deadline approaches, the crypto community is rallying together in hopes of getting the SEC to release the Hinman report and ensure that government actions are held accountable. BitcoinSistemi
