House Subcommittee to Hold Roundtable on Crypto’s Impact on Global Economy and National Security

The U.S. House Oversight Subcommittee on Military and Foreign Affairs plans to hold a crypto roundtable on June 25 that will focus on the asset’s role in the global economy and national security. This comes as Congress moves to develop frameworks for the crypto industry, with the focus currently on the CLARITY Act.

House Committee To Hold Crypto Roundtable On June 25

In a press release, the subcommittee’s Chairman, William Timmons, announced the roundtable titled “Two Sides of a Digital Coin: Protecting U.S. Security by Challenging the Power of Repressive Foreign Regimes.” The roundtable will examine how crypto can empower individuals living in repressive or economically unstable nations.

Specifically, the crypto roundtable will focus on how digital assets allow these individuals to protect their finances, access essential aid, and preserve economic autonomy, especially when state-controlled systems collapse or are used against citizens. “Members and experts will also discuss the national security implications of U.S. leadership and competitiveness in the digital finance space,” the release read.

Commenting on the planned roundtable, Rep. Timmons noted that the rapid evolution of digital finance is reshaping the global economic and geopolitical landscape, creating both significant opportunities and emerging threats. “Authoritarian regimes such as China and Russia are using financial systems and digital currencies as tools of surveillance and control,” he said.

However, Rep. Timmons also noted that individuals living under these oppressive regimes are increasingly turning to decentralized digital assets to preserve financial freedom and circumvent government control. He added that the crypto roundtable will examine the intersection of these trends with U.S. national security interests and how the U.S. can lead in financial innovation.

This comes as the U.S. moves to develop frameworks for the crypto industry, with the Trump administration seeking to make the U.S. the crypto capital of the world. As CoinGape reported, the U.S. House Ways and Means Committee recently held a hearing to discuss crypto tax reforms.

Participants In The Roundtable

The crypto roundtable will include Anchorage’s Bank Secrecy Act Officer Dustin Palmer, Jorge Jraissati, President, Economic Inclusion Group, and Cody Carbone, Chief Executive Officer, The Digital Chamber. Commenting on Palmer’s participation, Anchorage noted that trust is the foundation of every sound financial system and that this foundation is most needed in areas of instability and conflict.

Furthermore, the bank declared that crypto can be that system and that their executive will share with the House subcommittee how that can happen. Meanwhile, ahead of the roundtable, the Senate is holding last-minute meetings to advance the CLARITY Act.

The CLARITY Act remains the major focus as Congress moves to establish a comprehensive framework for the crypto industry. There is currently a 48% chance that President Trump signs the bill into law this year, according to Polymarket data.