New U.S. Financial Services Committee Chairman to Focus on Crypto Market Structure Issues

Title: French Hill to Prioritize Crypto Market Structures and Easing Bank Regulations

As per recent market news, French Hill, the new chairman of the U.S. House of Representatives Financial Services Committee, will concentrate on relaxing bank regulations and addressing capital formation challenges, enabling more companies to go public.

Furthermore, Hill aims to solve issues with cryptocurrency market structures. Previously, Hill, an encryption advocate and U.S. Representative from Arkansas, secured the chairmanship position by defeating three other contenders within the Financial Services Committee.

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