CEOs from six major cryptocurrency companies are set to testify before a US congressional committee on December 8th, committee Chair Maxine Waters announced.

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FTX’s Sam Bankman-Fried, Circle’s Jeremy Allaire, Bitfury’s Brian Brooks, Paxos’ Charles Cascarilla, Stellar Development Foundation’s Denelle Dixon and Coinbase’s Alesia Haas will speak at the session named “Digital Assets and the Future of Finance: Understanding the Challenges and Benefits of Financial Innovation in the United States.”

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The Committee’s agenda is to focus on fairness, protecting consumers and investors, holding large financial institutions and emerging tech products and services accountable for the protection of consumers and investors. 

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The hearing comes after the current SEC head Gary Gensler, requested that crypto trading platforms be required to register with the SEC to minimize fraud and increase regulatory compliance.

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