Today, the Senate Banking Committee hosted a hearing entitled “From Wall Street to Web3: Building Tomorrow’s Digital Asset Markets” in which U.S. senators from both sides of the aisle engaged with crypto industry leaders and digital asset specialists (witnesses) to discuss digital asset market structure.

Key themes from the hearing included crypto’s role in illicit finance, the Trump family’s involvement in the crypto industry and the resulting conflict of interest, and regulatory jurisdiction.

Senate Banking Chairman Senator Tim Scott (R-SC) presided over the hearing alongside Ranking Member Senator Elizabeth Warren (D-MA). They were joined by more than a half dozen…

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