Republicans in the United States House of Representatives reportedly plan to step up their oversight of the crypto industry with the creation of a new subcommittee.
According to a Jan. 12 report from Politico, North Carolina Representative Patrick McHenry, chair of the House Financial Services Committee, said he
Under McHenry, the House Financial Services Committee is expected to convene another hearing to explore the collapse of cryptocurrency exchange FTX. The committee first held a hearing into the matter in December, with McHenry saying at the time lawmakers would gather again to discuss FTX sometime in 2023.
