Yesterday, Congress addressed in two full hearings why it’s time to start taking a closer look at why and how digital assets, including cryptocurrencies, are impacting U.S. marketplaces.The following condensed information is a run-down of what the House Committee on Agriculture and the U.S. Commodity Futures Trading Commission (CFTC) discussed during the hearings regarding cryptocurrency and distributed ledger technology (DLT).Congress Has a Vested Interest in Securities and Economic GrowthSome might find it odd to see the House Committee on Agriculture represented at a hearing on digital assets and their related technologies. But Chairman Michael Conaway made it very clear why the House Agriculture Committee was there, explaining that they have a vested interest in shaping and constructing the definition of a security because it directly impacts the definition of a commodity.Working in tandem, both Chairman Conaway and Ranking Member Collin Peterson identified five main goals for clarifying blockchain industry regulation:Promoting a safe, efficient and transparent tokens marketProper regulation doesn’t always mean intrusive regulationIdentifying whether tokens are securitiesParsing through whether our current laws are appropriate to applyEnsuring enough oversight to help the space grow responsiblyUnderstanding Why Blockchain Technology Is ValuableThe panel of witnesses sitting on Capitol Hill presented... For Further Information Click on Below Button