Share this article

US Senate Hearing: Present and Future Impact of Virtual Currency

The Present and Future Impact of Virtual Currency hearing will take place today at the US Senate.

Updated Sep 10, 2021, 11:59 a.m. Published Nov 19, 2013, 7:16 p.m.
US Senate bitcoin banking hearing 01

View the full video of the Senate Committee on Banking, Housing, and Urban Affairs hearing on virtual currencies here.

The Present and Future Impact of Virtual Currency hearing taking place today at the US Senate will be webcasted live on C-SPAN3.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters

The Committee on Banking, Housing and Urban Affairs' Subcommittee on National Security and International Trade and Finance, and Subcommittee on Economic Policy will meet in open session.

This is the second of two hearings on digital currency this week, the first being held by the US Senate Committee on Homeland Security and Governmental Affairs yesterday.

See below for a summary of each of the testimonies that are to be delivered at the hearing today.

CoinDesk will also be live tweeting the event. Stay tuned for updates after the hearing finishes.

[<a href="//storify.com/emilyspaven/us-senate-bitcoin-hearings-day-2" target="_blank">View the story "Day 2 of the US Senate Bitcoin Hearings: What's in Store" on Storify</a>]

Featured image: Everett Collection / Shutterstock

More For You

Protocol Research: GoPlus Security

GP Basic Image

What to know:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.

More For You

Crypto Markets Today: Traders Seek Catalysts After Bitcoin’s Post-Fed Pullback

Hot air balloon deflated(Getty Images/Modified by CoinDesk)

The crypto market slipped to the lower end of its range after the Federal Reserve’s 25bps rate cut failed to spark fresh momentum.

What to know:

  • BTC is trading near $90,350 after defending the $88,200 support zone, but momentum remains capped below the key $94,500 resistance level.
  • Implied volatility fell to its lowest since November, ETH/BTC IV spreads widened, and risk reversals stayed negative across tenors while open interest declined—most sharply in ADA.
  • Low-liquidity conditions dragged tokens like ETHFI, FET, ADA and PUMP down more than 8%, while privacy-focused XMR stood out with gains as the broader altcoin season index slumped to 19/100.