ICYMI: REP. HILL ON SQUAWK BOX: "WE NEED A CHANGE IN THE 'REGULATORY POSTURE' IN WASHINGTON"

WASHINGTON, D.C., January 11, 2024

Today, Rep. French Hill (AR-02) joined Squawk Box to discuss the SEC's historic spot Bitcoin ETF approvals and the state of digital asset legislation.

To watch the full interview, click HERE.

Topline Quotes:

  • “I think this is good for individual investors to experience and buy bitcoin through an ETF and not have to buy it directly, so that's a positive.”

  • “We need a change in the regulatory posture in Washington, which is why I've authored bipartisan legislation to create a regulatory framework that directs the SEC and CFTC exactly how to regulate crypto assets."
  • "If we don't have a framework, we're going to have continued fraud manipulation in this market, which is why I think the FTX collapse and others that we've witnessed over the last 18 months is to why we need the regulatory framework."

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