The U.S. House of Representatives will hold a hearing on "How the Biden Administration is Suppressing Cryptocurrency

The Subcommittee on Oversight and Investigations of the U.S. House Committee on Financial Services will hold a hearing at 14:00 Eastern Time on February 6 (3:00 am Singapore time on February 7), with the theme "Choke Point 2.0: How the Biden Administration is Suppressing Cryptocurrency". The focus will be discussing banking service restrictions faced by the cryptocurrency industry. Witnesses include Austin Campbell, Paul Grewal, Fred Thiel, and Shayna Olesiuk, expected to cover financial regulatory authorities' attitudes towards crypto companies and their impact on industry development.