Welcome DT News

  • CONTACT
  • ABOUT US
Deythere
  • Home
  • News
    PayPal Expands P2P Payments to Bitcoin, Ethereum, and PYUSD
    NewsCryptoMarket

    PayPal Expands P2P Payments to Bitcoin, Ethereum, and PYUSD

    Based on the latest industry developments, PayPal is getting deeper into cryptocurrency…

    By
    Jane Omada Apeh
    September 17, 2025
    Binance in Talks With DOJ to Drop $4.3B Settlement Compliance Monitor
    CryptoBinanceMarketNews
    Binance in Talks With DOJ to Drop $4.3B Settlement Compliance Monitor
    September 17, 2025
    Bitwise Stablecoin Tokenization ETF
    NewsCryptoMarket
    Bitwise Stablecoin Tokenization ETF Filing Signals New Era for Digital Assets
    September 17, 2025
    Coinbase and Ethereum Foundation Help Power Google’s AI Payment Breakthrough
    CryptoCoinbaseEthereumNews
    Coinbase and Ethereum Foundation Help Power Google’s AI Payment Breakthrough
    September 17, 2025
    Defiance ETF Filings Target Yield With Bitcoin and Ethereum Basis Trades
    NewsCryptoMarket
    Defiance ETF Filings Target Yield With Bitcoin and Ethereum Basis Trades
    September 17, 2025
  • Cryptocurrency
    PayPal Expands P2P Payments to Bitcoin, Ethereum, and PYUSD
    PayPal Expands P2P Payments to Bitcoin, Ethereum, and PYUSD
    7 Min Read
    Binance in Talks With DOJ to Drop $4.3B Settlement Compliance Monitor
    Binance in Talks With DOJ to Drop $4.3B Settlement Compliance Monitor
    8 Min Read
    Bitwise Stablecoin Tokenization ETF
    Bitwise Stablecoin Tokenization ETF Filing Signals New Era for Digital Assets
    6 Min Read
    Coinbase and Ethereum Foundation Help Power Google’s AI Payment Breakthrough
    Coinbase and Ethereum Foundation Help Power Google’s AI Payment Breakthrough
    8 Min Read
    Defiance ETF Filings Target Yield With Bitcoin and Ethereum Basis Trades
    Defiance ETF Filings Target Yield With Bitcoin and Ethereum Basis Trades
    6 Min Read
    image 423
    Forget Short-Term Swings: Brett Pushes Up, Turbo Slips, and MoonBull Steals the Spotlight as the New Meme Coin to Watch
    6 Min Read
    Previous Next
  • Pages
    • Contact Us
    • Customize Interests
    • My Bookmarks
Reading: Crypto Enthusiasts Are Watching French Hill—Here’s Why
Share

[ccpw id=”7831″]

DeythereDeythere
Font ResizerAa
  • Home
  • Crypto
  • Market
  • News
  • Blockchain
  • Contact
Search
  • Home
  • News
  • Cryptocurrency
  • Pages
    • Contact Us
    • Customize Interests
    • My Bookmarks
Have an existing account? Sign In
Follow US
© DT News. All Rights Reserved.
Deythere > News > Crypto > Crypto Enthusiasts Are Watching French Hill—Here’s Why
CryptoNews

Crypto Enthusiasts Are Watching French Hill—Here’s Why

Crypto Enthusiasts Are Watching French Hill—Here’s Why
Is French Hill the Key to Solving America’s Crypto Regulation Puzzle?
Maxwell Mutuma
Last updated: December 13, 2024 10:31 am
By
Maxwell Mutuma
Published December 13, 2024
5 Min Read
Share

Rep. French Hill (R-Ark.) has been appointed chair of the House Financial Services Committee for the upcoming session. Under Hill’s leadership, initiatives on crypto regulation will focus on stablecoins and market structure. His appointment comes as Congress is poised to make critical digital asset legislation.

Contents
  • French Hill’s Role in Crypto Legislation and SEC Oversight
  • House Financial Services Committee’s Expanding Role in Crypto Oversight

However, they will look to Hill’s leadership in the committee to shape crypto regulation in the U.S. He previously chaired the House Financial Services Subcommittee on Digital Assets, Financial Technology, and Inclusion. Hill co-sponsored the Financial Innovation and Technology for the 21st Century Act (FIT21) to develop a clear regulatory framework for digital assets.

Hill’s appointment comes after a competitive committee chair race among Republican candidates. Reps. Frank Lucas (R-Okla.), Bill Huizenga (R-Mich.), and Andy Barr (R-Ky.) were also in the running for the role. Hill was the leading contender with Barr, and Hill was chosen for the job.

French Hill’s Role in Crypto Legislation and SEC Oversight

Hill will step into one of the crypto flashpoints as chair of the Financial Services Committee. He will guide the regulation of stablecoins and the broader crypto market structure. He will also control the Securities and Exchange Commission (SEC) of the United States, which will be a key element in digital assets regulation.

French Hill has advocated for a clear digital asset regulatory framework. He co-sponsored the FIT21 bill, which clarifies the roles of the SEC and the Commodity Futures Trading Commission (CFTC) in regulating crypto. However, the bill passed in the House with bipartisan support in May 2024 and still has hurdles to clear in the Senate.

Crypto Legislation

His experience in digital asset regulation will undoubtedly impact the committee’s future work on legislation. He seeks to create a balanced regulatory environment that encourages innovation but protects consumers. Many viewed Hill as a serious contender for the leadership post that will likely significantly impact the future of crypto policy in the U.S.

There was considerable competition for the chairmanship before Hill’s appointment. Rep. Patrick McHenry (R-N.C.) is retiring, and Barr, Lucas, and Huizenga wanted to take his place. But Hill was the front-runner, especially if the race was a head-to-head with Barr.

In addition, French Hill’s experience in digital assets distinguishes him from the other candidates. He has been involved with efforts to shed light on the regulatory landscape for crypto, and his time as chair of the subcommittee on digital assets made him a strong choice to take over the role.

Hill was viewed as the preferred candidate because of his deep understanding of crypto issues, while Barr, Lucas, and Huizenga were seen as competent. His leadership will help push key financial technology legislation in the new session.

House Financial Services Committee’s Expanding Role in Crypto Oversight

The House Financial Services Committee is increasingly taking up crypto legislation. That makes it important for the committee to work with the Senate Banking Committee to shape federal policies on digital assets. The committee has also collaborated with Agriculture Committees to oversee the CFTC, which, along with the SEC, has shared crypto market regulatory authority.

Crypto Oversight

Congress will need French Hill’s leadership to help pass major legislation related to digital assets. On these lines are the Clarity for Payment Stablecoins Act and the FIT21, which seek to define the regulation of stablecoins and other cryptocurrencies. Challenges in the Senate, however, mean Hill is optimistic these bills will soon pass.

Besides his legislative work, French Hill has dealt with foreign crypto policy issues. In September 2024, he called on the Nigerian government to release a Binance executive detained on money laundering charges. He discovered that his advocacy had paid off by dropping the charges and showed he would protect U.S. crypto interests worldwide.

Advertising

For advertising inquiries, please email . [email protected] or Telegram

From Balloon Hoax to Meme Legend: Troller Cat’s Saga Leads the Best Cryptos for Beginners While Pepe Dips and Book of Meme Gains

Didn’t Get in on Ponke? MoonBull Is the Best Upcoming Crypto for 2025 – Claim Your Whitelist Spot Now

Altcoins Surge Ahead: Outperform Bitcoin and Ethereum! Analysts Weigh In

Is an Altcoin Frenzy Coming as Samson Mow Exposes the Truth About Trump’s Crypto Reserve

Best Meme Coins to Invest in Now: A Viral Lineup Featuring Fartcoin, Snek, and a 35x Secret Weapon

TAGGED:Crypto RegulationFrench HillHouse Financial Services Committee

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Email Copy Link Print
ByMaxwell Mutuma
Follow:
Maxwell is a crypto-economic analyst and Blockchain enthusiast, passionate about helping people understand the potential of decentralized technology. I write extensively on topics such as blockchain, cryptocurrency, tokens, and more for many publications. My goal is to spread knowledge about this revolutionary technology and its implications for economic freedom and social good.
Previous Article What If Japan Creates a Bitcoin Reserve? Lawmaker's Bold Proposal Sparks Debate What If Japan Creates a Bitcoin Reserve? Lawmaker’s Bold Proposal Sparks Debate
Next Article How the SEC’s Overreach Is Crushing Innovation Can the Crypto Industry Survive the SEC’s Aggressive Tactics? Experts Weigh In
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Subscribe to our newslettern

Get Newest Articles Instantly!

Popular News
crypto 2024
Crypto Derivatives Market Heats Up as Innovative Products Emerge
crypto approval
Blockchain Revolutionizes Energy Markets with Decentralized Trading Platforms
crypto news
Cutting-Edge Mining Technologies Drive Efficiency in Cryptocurrency Production
crypto 2024 1200x720
Decentralized Identity Emerges as a Catalyst for Data Privacy Renaissance
space
Tech Giant Announces Breakthrough in Quantum Computing
worldwide protest
Worldwide Protests Demand Action on Climate Change
global
Global Economic Forecast Reveals Slow Recovery Post-Pandemic
solar power
Revolutionary Solar Power Technology Unveiled

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Twitter Youtube Telegram Linkedin
Deythere

DT News influence 20 million users and is the number one business blockchain and crypto news network on the planet.

Subscribe to our newsletter

You can be the first to find out the latest news and tips about trading, markets...

Menu

  • Home
  • News
© DT News. All Rights Reserved.
Banner 1
Banner 2
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

  • English