New Chairman of the U.S. House Financial Services Committee: Will Address Cryptocurrency Market Structure Issues

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On December 13, according to market news, French Hill, the newly appointed chairman of the US House Financial Services Committee, stated that he will focus on easing bank regulations, solving capital formation issues to enable more companies to go public, and addressing the market structure issues of cryptocurrencies.

Previously, it was reported that French Hill, a crypto supporter and US Representative from Arkansas, defeated three other candidates to be elected as the chairman of the US Financial Services Committee.

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