“There could be a concerning lack of in public out there knowledge to effectively value the range among America’s largest digital assets companies," said the letter.
A group of five lawmakers from the u. s. House of Representatives has requested information on the variety and inclusion practices of twenty major companies handling cryptocurrencies and Web3.
In a Thursday notice, House financial Services Committee chair Maxine Waters in conjunction with Representatives writer Beatty, Al Green, Bill Foster and Stephen kill enclosed a letter requesting U.S.-based crypto firms give info on “how and whether or not the trade is functioning toward a a lot of just atmosphere for everybody.” The lawmakers sent letters to twenty corporations together with Aave, Binance.US, Coinbase, Crypto.com, FTX, Kraken, Paxos, Ripple and Tether likewise as risk capital companies Andreessen Vladimir Horowitz, Haun Ventures and cypress Capital.
“There may be a regarding lack of publically out there information to effectively value the variety among America’s largest digital assets corporations, and therefore the investment corporations with significant investments in these corporations,” aforementioned the lawmakers. “We believe transparency may be a important, beginning to achieving racial and gender equity.”
According to a sample letter, the House representatives requested diversity and inclusion information and policies from the 20 corporations beginning in Jan 2021. The inquiry perceived to be created in response to investigations from the House monetary Services Committee in 2020 and 2021 that all over “there remains a lot of work to be done to extend diversity and inclusion” at major banks and investment corporations. The lawmakers asked the companies to respond by Sept. 2.
( Turner Wright, Cointelegraph, 2022 )