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U.S. Senate Banking Committee Sets Hearing on Crypto Legislation Next Week

The congressional committee that was a roadblock in the previous session has scheduled a Feb. 26 hearing on "bipartisan legislative frameworks" for crypto.

FastNews (CoinDesk)

What to know:

The U.S. Senate Banking Committee has scheduled a hearing to discuss bipartisan digital assets legislation next week, the panel announced.

This Senate committee was the one that became a bottleneck in the previous congressional session, but it's now run by Senator Tim Scott, a South Carolina Republican who supports crypto.

The hearing will feature testimony from witnesses including lawyers from Kraken and Lightspark.

Jesse Hamilton

Jesse Hamilton is CoinDesk's deputy managing editor on the Global Policy and Regulation team, based in Washington, D.C. Before joining CoinDesk in 2022, he worked for more than a decade covering Wall Street regulation at Bloomberg News and Businessweek, writing about the early whisperings among federal agencies trying to decide what to do about crypto. He’s won several national honors in his reporting career, including from his time as a war correspondent in Iraq and as a police reporter for newspapers. Jesse is a graduate of Western Washington University, where he studied journalism and history. He has no crypto holdings.

Jesse Hamilton