Congress to Probe Whether Crypto Can Challenge China and Russia’s Grip on Financial Freedom
House lawmakers will review how digital assets could support people living under repressive governments or failing financial systems, tying cryptocurrency access to U.S. national security. A congressional announcement issued June 18 scheduled a June 25 roundtable on how digital assets may help people facing repressive governments or collapsing financial systems. The House Oversight and Government Reform Subcommittee on Military and Foreign Affairs will examine the national security implications of digital finance and the role of cryptocurrency in expanding financial access under restrictive regimes. Chairman William Timmons (R-SC) will lead the session in Washington.