{"id":549513,"date":"2023-02-09T01:07:04","date_gmt":"2023-02-08T22:07:04","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/crypto-council-for-innovation-gc-to-testify-at-us-senate-crypto-crash-hearing\/"},"modified":"2023-02-09T01:07:04","modified_gmt":"2023-02-08T22:07:04","slug":"crypto-council-for-innovation-gc-to-testify-at-us-senate-crypto-crash-hearing","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/crypto-council-for-innovation-gc-to-testify-at-us-senate-crypto-crash-hearing\/","title":{"rendered":"# Crypto Council for Innovation GC to testify at US Senate &#8216;crypto crash&#8217; hearing"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a3a9a56bd4f8\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a3a9a56bd4f8\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/crypto-council-for-innovation-gc-to-testify-at-us-senate-crypto-crash-hearing\/#%E2%80%9D_Crypto_Council_for_Innovation_GC_to_testify_at_US_Senate_%E2%80%98crypto_crash_hearing_%E2%80%9C\" >&#8221; Crypto Council for Innovation GC to testify at US Senate &#8216;crypto crash&#8217; hearing  &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Crypto_Council_for_Innovation_GC_to_testify_at_US_Senate_%E2%80%98crypto_crash_hearing_%E2%80%9C\"><\/span>&#8221; Crypto Council for Innovation GC to testify at US Senate &#8216;crypto crash&#8217; hearing  &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjMtMDIvODUxZDBiZGEtNWNkZC00NGMzLTk5MGMtNDhmNWNjYWU4YjYwLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-4bbf85c5>United States lawmakers with the Senate Banking Committee have announced three witnesses scheduled to <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ear before a hearing scheduled on Feb. 14.<\/p>\n<p>At the time of publication, the U.S. Senate Banking Committee\u2019s hearing titled \u2018Crypto Crash: Why Financial System Safeguards are Needed for Digital Assets\u2019 had witnesses <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.banking.senate.gov\/hearings\/crypto-crash-why-financial-system-safeguards-are-needed-for-digital-assets\">including<\/a> Vanderbilt University law professor Yesha Yadav, Duke Financial Economics Center policy director Lee Reiners, and Linda Jeng, a lecturer at Georgetown University Law Center\u2019s Institute for International Economic Law. The hearing will be one of the first in the 118th session of the U.S. Congress exploring the regulation of cryptocurrencies following a 2022 market crash and the collapse of major exchanges including FTX.<\/p>\n<p>The crypto advocacy group Crypto Council for Innovation, or CCI, announced Jeng would become its chief global regulatory officer and <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/general\/\" data-internallinksmanager029f6b8e52c=\"3\" title=\"General\" target=\"_blank\" rel=\"noopener\">general<\/a> counsel in July 2022. She also previously worked in a similar role at the Circle- and Coinbase-founded Centre Consortium. According to a CCI spokesperson, Jeng will be testifying under her professorship rather than as a representative of the crypto advocacy group.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">As a former regulator, I strongly believe in the important mission of regulators to protect consumers and ensure financial stability. But the recent wave of banking agency statements is worrying for the future of the US financial s\u2026<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/yCcKYoGL05\">https:\/\/t.co\/yCcKYoGL05<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/fcv3xoGtWq\">https:\/\/t.co\/fcv3xoGtWq<\/a><\/p>\n<p>\u2014 Linda Jeng (@LindaJeng1) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/LindaJeng1\/status\/1621590128513654788?ref_src=twsrc%5Etfw\">February 3, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>U.S. lawmakers will be gathering to discuss events in the crypto space and potential regulatory solutions for the first time in two months following a hearing exploring the collapse of FTX. That Dec. 14 hearing featured testimony from Hollywood star and outspoken crypto critic Ben McKenzie, law professor Hilary Allen, <em>Shark Tank<\/em> star Kevin O&#8217;Leary and the Cato Institute\u2019s Jennifer Schulp.<\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Senate Banking Committee\u2019s priorities for new Congress include crypto: Report<\/em><\/strong><\/p>\n<p>Former FTX CEO Sam Bankman-Fried was originally scheduled to appear at a House Financial Services Committee on Dec. 13, but he was arrested in the Bahamas before he could fulfill that promise. The exchange\u2019s current CEO, John Ray, was the sole witness at the hearing, and later testified under oath at an FTX bankruptcy hearing on Feb. 6. <\/p>\n<p><em>Cointelegraph reached out to the Crypto Council for Innovation and Linda Jeng, but did not receive a response at the time of publication.<\/em><\/p>\n<p><template data-name=\"subscription_form\" data-type=\"law_decoded\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/crypto-council-for-innovation-gc-to-testify-at-us-senate-crypto-crash-hearing\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Crypto Council for Innovation GC to testify at US Senate &#8216;crypto crash&#8217; hearing &#8220; United States lawmakers with the Senate Banking Committee have announced three witnesses scheduled to appear before a hearing scheduled on Feb. 14. At the time of publication, the U.S. Senate Banking Committee\u2019s hearing titled \u2018Crypto Crash: Why Financial System Safeguards&#8230;<\/p>\n","protected":false},"author":1,"featured_media":549514,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/s3.cointelegraph.com\/uploads\/2023-02\/851d0bda-5cdd-44c3-990c-48f5ccae8b60.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[71511,32681,70934,70289,67874],"class_list":["post-549513","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-government","tag-politics","tag-regulation","tag-senate","tag-united-states"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/549513","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=549513"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/549513\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/549514"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=549513"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=549513"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=549513"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}