Congressional Hearings on Domestic Terrorism Avoid Blaming Bitcoin

Many in the crypto world were concerned that, following the January Capitol Hill insurrection, Congress would single out bitcoin as a means of funding domestic terrorism. But according to CoinDesk's Nik De, during Thursday's hearing bitcoin was not singled out. Instead, it was lumped into the same category as other online payments like PayPal. "As far as the crypto industry is concerned, I would say it was a largely positive hearing," De said.