Alesia Haas, the CEO of Coinbase Inc., is testifying before the U.S. House Committee on Financial Services alongside five other crypto exchange representatives for the first time. In prepared testimonies, the cryptocurrency platform execs urged Congress to be careful while regulating and taxing digital currency like any other asset, as they risk creating “unnecessarily onerous and chilling laws and regulations.” The first Congressional hearing of crypto exchange execs is still ongoing, and you can watch the live stream here.
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