This session featured Representatives Ro Khanna and Richie Torres discussing the transformative potential of cryptocurrency and blockchain technology, especially for underserved communities. They emphasized crypto’s role in decentralizing power, increasing financial inclusion, reducing remittance costs, and creating new economic opportunities. Both stressed the need for smart, clear regulation to foster innovation while protecting consumers and the financial system. Privacy concerns were addressed, highlighting blockchain’s unique ability to balance transparency with individual privacy. The representatives also underscored the importance of involving diverse communities in crypto’s development, particularly in emerging areas like NFTs, to ensure equitable access and cultural representation. They encouraged young people and students to engage with technology as a means to drive social and economic progress.
