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Congress to Probe Whether Crypto Can Challenge China and Russia’s Grip on Financial Freedom
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House lawmakers will review how digital assets could support people living under repressive governments or failing financial systems, tying cryptocurrency access to U.S. national security.
Key facts
- A congressional announcement issued June 18 scheduled a June 25 roundtable on how digital assets may help people facing repressive governments or collapsing financial systems
- The House Oversight and Government Reform Subcommittee on Military and Foreign Affairs will examine the national security implications of digital finance and the role of cryptocurrency in expanding
- Participants include Dustin Palmer, Bank Secrecy Act officer at Anchorage Digital Bank; Jorge Jraissati, president of Economic Inclusion Group; and Cody Carbone, chief executive officer
- House lawmakers will review how digital assets could support people living under repressive governments or failing financial systems, tying cryptocurrency access to U.S. national security
Summary
Lawmakers will assess how cryptocurrency may expand access under authoritarian or unstable financial systems. Experts from Anchorage Digital Bank and advocacy groups will address security, surveillance, and autonomy. Policy discussions will address how Washington balances digital finance innovation with national security concerns. A congressional announcement issued June 18 scheduled a June 25 roundtable on how digital assets may help people facing repressive governments or collapsing financial systems.