Information
Organization's Own Description:
The jurisdiction of the Subcommittee on Digital Assets, Financial Technology and Inclusion includes—digital assets, including but not limited to cryptocurrencies, stablecoins, and central bank digital currencies (CBDCs); development of new or alternative forms of currency; activities of digital asset issuers, trading and lending platforms, custody providers, and other intermediaries; all matters and activities related to innovative financial products, including consumer transactions using mobile devices, and services offered by non-bank firms, including matters related to regulatory technology, (RegTech); agencies, including the Department of Treasury, the Securities and Exchange Commission, Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, the Board of Governors of the Federal Reserve System and the Federal Reserve System, and the National Credit Union Administration, to the extent they directly or indirectly exercise supervisory or regulatory authority over innovative products and services offered by nonbanks; nonbank entities; digital assets; and digital asset intermediaries; matters related to financial technology (Fintech) firms promoting greater financial inclusion and providing consumer protection under the Consumer Financial Protection Bureau; and matters related to technologies of machine learning and artificial intelligence.
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