The U.S. House of Representatives will hold a hearing on "How the Biden administration will suppress cryptocurrencies"

Odaily News The U.S. House Financial Services Committee's Oversight and Investigations Subcommittee will hold a hearing at 14:00 EST on February 6 (3:00 a.m. Beijing time on February 7) titled "Choke Point 2.0: How the Biden Administration Can Crack Down on Cryptocurrencies," focusing on the banking service restrictions facing the crypto industry. Witnesses include Austin Campbell, Paul Grewal, Fred Thiel, and Shayna Olesiuk, and are expected to cover the attitudes of financial regulators toward crypto companies and their impact on the development of the industry.