US House Committee Plans SEC Hearing on Massive Cryptocurrency Runoffs in September

The congressional committee that oversees U.S. securities and most financial products will schedule a September hearing filled with cryptocurrency-related topics, the person said. The chairman, Rep. Patrick McHenry (R-N.C.), is retiring at the end of the year, and one of his remaining top priorities will be finalize one of the bills It has begun drafting tailored federal rules for cryptocurrencies.