New House Financial Services Committee Chairman Says Clear Crypto Regulations Are Near the Top of His To-Do List

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Rep. French Hill says establishing a clear market structure for digital assets is one of his top three priorities as the newly elected House Financial Services Committee chairman. Hill (R-Arkansas), a staunch supporter of the crypto sector, secured the chairmanship earlier this week, taking over for retiring fellow GOP lawmaker Patrick McHenry (R-North Carolina). The Arkansas legislator tells CNBC in a new interview that crypto doesn’t currently have “rules of the road” and needs new legislation...