CBDCs: Central Bank Digital Currencies (CBDCs) have been a hot topic in the crypto world, with many central banks exploring the creation of their own digital currencies. The hearings will discuss the potential benefits and drawbacks of CBDCs, as well as their impact on traditional financial systems. Some of the popular CBDCs currently in the spotlight include China's Digital Yuan (DCEP), the Bahamas' Sand Dollar, and the Eastern Caribbean Central Bank's DCash. Stablecoins: Stablecoins have also been gaining traction in the crypto space, with their value pegged to a stable asset such as the US dollar. The hearings will address the regulatory concerns surrounding stablecoins, particularly in terms of financial stability and consumer protection. Popular stablecoins include Tether (USDT), USD Coin (USDC), and Binance USD (BUSD). Market Structure Legislation: There have been calls for new legislation to regulate the crypto market and ...
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