BlockBeats news, on December 15, the appointment of the new chair of the House Financial Services Committee, crypto supporter, and U.S. Congressman French Hill from Arkansas has garnered support from leaders in the crypto industry and legislators. Brian Brooks, former acting Comptroller of the Currency and former Chief Legal Officer of cryptocurrency exchange Coinbase, praised Hill's 'intelligence, growth mindset, and innovative vision.'
Ripple's Chief Legal Officer Stuart Alderoty highlighted Hill's potential to promote transparency in digital asset regulation, stating, 'As the chair of the Digital Assets Subcommittee, Congressman Hill is prepared to lead the charge for regulatory transparency, continuing the momentum from the last Congress on market structure and stablecoin legislation.' Others in the cryptocurrency and financial sectors also expressed similar sentiments, including the Blockchain Association and the Digital Chamber of Commerce, who all voiced their support for Hill's leadership. (Bitcoin.com)