{"id":44399,"date":"2021-06-15T19:04:11","date_gmt":"2021-06-15T16:04:11","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=44399"},"modified":"2025-08-31T16:49:16","modified_gmt":"2025-08-31T13:49:16","slug":"us-forms-new-working-group-on-cryptocurrencies","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/us-forms-new-working-group-on-cryptocurrencies\/","title":{"rendered":"US forms new working group on cryptocurrencies"},"content":{"rendered":"<p>House Financial Services Committee chair Maxine Waters has formed a new working group on cryptocurrencies. The congresswoman announced this at a hearing on central bank digital currencies.<\/p>\n<p><!--more--><\/p>\n<figure class=\\\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\\\">\n<div class=\\\"wp-block-embed__wrapper\\\">\n<iframe loading=\\\"lazy\\\" title=\\\"Virtual Hearing - Digitizing the Dollar: Investigating the Technological... (EventID=112783)\\\" width=\\\"500\\\" height=\\\"281\\\" src=\\\"https:\/\/www.youtube.com\/embed\/k5LhZ4G4s-A?feature=oembed\\\" frameborder=\\\"0\\\" allow=\\\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\\\" referrerpolicy=\\\"strict-origin-when-cross-origin\\\" allowfullscreen> <\/iframe>\\n<\/div>\n<\/figure>\n<p>Waters expressed concern about the rise of digital assets:<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p>&#8220;I have organized a working group of Democrats (members of the US Democratic Party) to engage with regulators and experts, to dive deeper into this poorly understood and minimally regulated industry.&#8221;<\/p>\n<\/blockquote>\n<p>Earlier Waters repeatedly expressed concerns about the <a href=\"https:\/\/u1f987.com\/en\/news\/libra-association-renamed-to-diem-association\">Diem Association<\/a> (Libra Association). In June 2019 the congresswoman urged Facebook to halt development of the digital currency, and two months later unveiled a plan for its further study.<\/p>\n<p>In 2020 Waters urged the Biden administration <a href=\"https:\/\/u1f987.com\/en\/news\/us-lawmakers-urge-ban-on-banks-holding-stablecoin-collateral\">to roll back the decisions of the Office of the Comptroller of the Currency<\/a> within the U.S. Department of the Treasury regarding cryptocurrencies and stablecoins.<\/p>\n<p>Earlier, on June 9, Massachusetts Senator <a href=\"https:\/\/u1f987.com\/en\/news\/us-senator-calls-cryptocurrencies-a-shoddy-investment\">Elizabeth Warren described digital assets as \\&#8221;a lousy investment\\&#8221;<\/a> and said they facilitate illicit activity.<\/p>\n<p>Follow ForkLog news on <a href=\\\"https:\/\/vk.com\/forklogcom\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">VK<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>House Financial Services Committee chair Maxine Waters announced the formation of a new working group on cryptocurrencies. The congresswoman said this at a hearing on central bank digital currencies.<\/p>\n","protected":false},"author":1,"featured_media":44400,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[36,26],"class_list":["post-44399","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-regulation","tag-usa"],"aioseo_notices":[],"amp_enabled":true,"views":"18","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/44399","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=44399"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/44399\/revisions"}],"predecessor-version":[{"id":44401,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/44399\/revisions\/44401"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/44400"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=44399"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=44399"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=44399"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}