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The US House committees have held simultaneous hearings on digital assets where a range of speakers addressed issues related to regulatory gaps, agency turf wars, and regulator fitness. The testimonies provided by the speakers were similar in nature, highlighting the need for clear regulation and guidelines for digital assets. The lawmakers present at the hearings acknowledged that the digital asset industry is rapidly evolving and agreed to work towards developing a regulatory framework that would be conducive to innovation and growth. Overall, the hearings were considered productive and constructive, with lawmakers and speakers alike expressing optimism about the future of digital assets....
