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House Digital Assets Panel Chair Ready to Work With Ag Committee on Crypto Framework
U.S. Representative French Hill is the chairman of the newly formed Financial Services Subcommittee on Digital Assets.
Updated Mar 2, 2023, 7:07 p.m. Published Mar 2, 2023, 6:53 p.m.
Speaking Thursday at the Milken Institute Future of Digital Assets Symposium, Rep. French Hill (R-Ark.) said he intends to work with the House Agriculture Committee on creating legislation for cryptocurrency.
The vice chairman of the House Financial Services Committee, Hill is chairman of that panel's newly formed Financial Services Subcommittee on Digital Assets.
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“We’re going to do our best to work in tandem with House Ag on this process because I think that is effective,” Hill told the Milken conference.
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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.
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U.S. SEC aids brokers on crypto custody, looks more closely at ATS activity
In its ongoing series of staff statements to illuminate the regulator's view on crypto matters, the Securities and Exchange Commission touched on broker custody.
What to know:
- A new U.S. Securities and Exchange Commission statement is steering brokers who deal in customers' crypto on how to handle the assets without running afoul of government supervisors.
- The agency also released a set of frequently asked questions digging into activity at alternative trading systems that deal with crypto assets.
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