The Subcommittee on Oversight and Investigations of the House Financial Services Committee will hold a hearing on February 6 at 2:00 PM EST (3:00 AM Beijing time on February 7) titled "Choke Point 2.0: How the Biden Administration is Targeting Cryptocurrency." This hearing will focus on the restrictions on banking services faced by the crypto industry. Witnesses include Austin Campbell, Paul Grewal, Fred Thiel, and Shana Ollech, who are expected to discuss the attitudes of financial regulators towards crypto companies and their impact on the development of the industry.

PANews reported on February 6 that the U.S. House Financial Services Committee's Oversight and Investigations Subcommittee will hold a hearing at 14:00 EST on February 6 (3:00 a.m. Beijing time on February 7) with the theme of "Choke Point 2.0: How the Biden Administration Can Crack Down on Cryptocurrencies" , focusing on the banking service restrictions faced by the crypto industry. Witnesses include Austin Campbell, Paul Grewal, Fred Thiel, and Shayna Olesiuk , and are expected to cover the attitude of financial regulators toward crypto companies and their impact on the development of the industry.

The U.S. House of Representatives will hold a hearing titled "Choke Point 2.0," focusing on the banking service restrictions in the cryptocurrency industry.