June 20, 2024

Owl Explains Episode 32: Congressman French Hill

Ava Labs

Senior Policy Advisor Scott Mason moderated an episode of the Owl Explains Podcast featuring Rep. French Hill (R.-Ark.). Rep. Hill serves as vice chair of the House Financial Services Committee as well as chair of the House Subcommittee on Digital Assets, Financial Technology and Inclusion. He provides an overview of the Financial Innovation and Technology for the 21st Century Act (FIT21) and describes how it could provide clarity for the digital assets industry by establishing a regulatory framework for the commodities and securities components of digital asset projects on a blockchain. The bill would additionally guide enforcement efforts from the the Commodity Futures Trading Commission (CFTC) and U.S. Securities and Exchange Commission (SEC) regarding cryptocurrencies and crypto assets.

Duration: 21:52

Related Insights