U.S. Representative French Hill (R-AR) walks to a House Permanent Select Committee on Intelligence meeting on Capitol Hill in Washington, U.S., February 7, 2023. REUTERS/Elizabeth Frantz/File Photo
WASHINGTON (Reuters) -U.S. Representative French Hill, a Republican who chairs the House Financial Services Committee, said on Tuesday lawmakers from both chambers of congress would form a working group to develop policy favoring development of digital assets.
New legislation will deliver "clarity for a regulatory framework," Hill said at a Capitol Hill news conference, joined by White House crypto and artificial intelligence czar David Sacks as well as other lawmakers.
