ICYMI: REP. HILL ON SQUAWK BOX: CRYPTO HAS BEEN UNDER ASSAULT BY THE SEC OVER THE PAST FOUR YEARS

Today, Rep. French Hill (AR-02) joined CNBC's Squawk Box to discuss the newly announced bicameral Working Group for Digital Assets.

To watch the full interview, click HERE


Topline Quotes:
  • "I was so pleased to come together with Senator Tim Scott, Senator John Boozman, Congressman G.T. Thompson, and David Sacks yesterday to talk about our priorities to move regulatory clarity for digital assets in the U.S. so that we can have fintech and digital assets be a premiere area of innovation and technological advance right here in America."
  • "Crypto has been under assault by the SEC over the past four years, and so the reason for legislation is to have a regulatory clarity that directs the SEC and the CFTC exactly what they need to do to protect investors, encourage innovation, encourage companies to use blockchain, and that's what we're going to do."
  • "Gary Gensler left us with people moving out of the United States... to work on blockchain programs  ."

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