House Republicans move to regulate crypto industry with a new subcommittee

(CNBC) Republican lawmakers announced late Thursday the launch of a new subcommittee that will oversee the crypto and fintech industries, the first of its kind in the U.S., after a tumultuous period for digital currencies. French Hill of Arkansas will chair the Subcommittee on Digital Assets, Financial Technology, and Inclusion, which will be part of the House Financial Services Committee.

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