Crypto regulation looms before top executives testify on Capitol Hill

CNBC Television published this video item, entitled “Crypto regulation looms before top executives testify on Capitol Hill” – below is their description.

Chad Cascarilla, Paxos co-founder and CEO, joins ‘Squawk on the Street’ to discuss an upcoming hearing on cryptocurrency regulation in front of the House Financial Services Committee. Cascarilla explores the purpose behind this hearing.

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In This Story: Chad

Chad, officially known as the Republic of Chad, is a landlocked country in north-central Africa. It is bordered by Libya to the north, Sudan to the east, the Central African Republic to the south, Cameroon to the south-west, Nigeria to the southwest (at Lake Chad), and Niger to the west.

The capital N’Djamena is the largest city. Chad’s official languages are Arabic and French. Chad is home to over 200 different ethnic and linguistic groups. Islam (51.8%) and Christianity (44.1%) are the main religions practiced in Chad.

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In This Story: Paxos

Paxos is a regulated blockchain infrastructure platform, building a new, open financial system. Paxos clients include global enterprises PayPal, Credit Suisse, Societe Generale, StoneX and Revolut.

Paxos is a top-funded blockchain company with more than $500 million in total funding from leading investors like OakHC/FT, Declaration Partners, Mithril Capital and PayPal Ventures.

Paxos has offices in New York, London and Singapore.

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