Congressional hearing on crypto summary

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Crypto: Hearing on identifying regulatory gaps in Digital Asset Market Structure
The Senate followed up on congressional hearings late last year on the implosion of FTX with a hearing focused on safeguards for digital assets. On the 14th of February, the Congress held a hearing hearing on financial safeguards for digital assets. The committee met to hear testimonies. Throughout the hearing, cryptocurrency and digital assets were discussed as currencies that could potentially provide financial access to people.