Senate holds a hearing on regulatory frameworks for digital currencies and blockchain

The Senate's Committee on Banking, Housing, and Urban Affairs will hold an open session on Tuesday to discuss appropriate regulatory and legislative frameworks for digital currencies like Bitcoin ($BTC) and Ethereum ($ETH) and blockchain projects (e.g., Facebook's Libra) that have attracted a large amount of media and political attention in recent months. Tuesday's hearing includes testimonies from:

Jeremy Allaire, co-founder and CEO of Circle (written testimony)

Rebecca Nelson, specialist in international trade and finance at the Congressional Research Service (written testimony)

Mehrsa Baradaran, professor of law at the University of California Irvine School of Law (written testimony)

You can view the hearing live here.