Legacy and estate planning is crucial for cryptocurrency holders because, unlike traditional assets, cryptocurrencies are not regulated by centralized authorities, making it difficult for heirs to access them after the owner’s death. Proper planning can ensure that digital assets are successfully transferred to loved ones and beneficiaries.
AUSTIN, Texas — The U.S. House Financial Services Committee and House Agriculture Committee will put together legislation to oversee the crypto sector in the “next two months” after holding joint public hearings starting in May, said Rep. Patrick McHenry (R–N.C.), chair of the House Financial Services Committee.
Representative Patrick McHenry suggested the hearings will look to add to the regulatory efforts being done on the bipartisan bill led by Senators Cynthia Lummis and Kirsten Gillibrand.
Bitget’s researchers conducted a survey in 26 countries, which gathered responses from a total of 255,000 individuals from four distinct age groups: Millennials, Gen Xers, Gen Z, and Baby Boomers. Some of the countries in the survey were the United States, Nigeria, China, Indonesia, and Japan.