The House Oversight and Government Reform Subcommittee on Military and Foreign Affairs will hold a roundtable on June 25, according to a congressional announcement issued June 18. The session will examine how digital assets may help individuals facing repressive governments or collapsing financial systems. Chairman William Timmons (R-SC) will lead the discussion in Washington to assess national security implications of digital finance and cryptocurrency's role in expanding financial access under restrictive regimes. The roundtable addresses how U.S. policy can balance digital finance innovation with emerging security concerns, framing cryptocurrency within broader debates on surveillance, authoritarian control, and economic competitiveness.
Subcommittee Schedules June 25 Roundtable on Digital Assets and Repressive Regimes
The June 25 roundtable will focus on how decentralized financial tools are being used in economically unstable or authoritarian environments to maintain access to funds, services, and economic autonomy. Participants are expected to explore how U.S. leadership in digital finance could affect economic competitiveness and broader foreign policy objectives. The announcement states: "The roundtable will examine the ways digital assets like cryptocurrency can empower individuals living in repressive or economically unstable nations."
Confirmed participants include Dustin Palmer, Bank Secrecy Act officer at Anchorage Digital Bank; Jorge Jraissati, president of Economic Inclusion Group; and Cody Carbone, chief executive officer of The Digital Chamber. The session, titled "Two Sides of a Digital Coin: Protecting U.S. Security by Challenging the Power of Repressive Foreign Regimes," is open to the public and will be livestreamed.
Timmons Frames Session Around China and Russia Financial Control
Chairman Timmons framed the roundtable around digital finance, authoritarian control, and U.S. strategic interests. The lawmaker said: "Authoritarian regimes such as China and Russia are using financial systems and digital currencies as tools of surveillance and control."
Experts and lawmakers are expected to discuss how digital assets can help individuals preserve financial independence when state-controlled systems are used for monitoring, restriction, or coercion. The agenda highlights situations in which state-controlled systems become unreliable during periods of economic instability. Members and participants are expected to examine how U.S. policy can encourage financial innovation while addressing emerging security concerns. The announcement places cryptocurrency, digital currencies, surveillance, aid access, and foreign repression within a broader national security debate.
FAQ
What is the House subcommittee examining on June 25?
The House Oversight and Government Reform Subcommittee on Military and Foreign Affairs will hold a roundtable on June 25 to examine how digital assets may help individuals facing repressive governments or collapsing financial systems, according to a congressional announcement issued June 18.
Who will participate in the June 25 roundtable?
Confirmed participants include Dustin Palmer, Bank Secrecy Act officer at Anchorage Digital Bank; Jorge Jraissati, president of Economic Inclusion Group; and Cody Carbone, chief executive officer of The Digital Chamber. Chairman William Timmons (R-SC) will lead the session.
How did Chairman Timmons describe the focus of the roundtable?
Chairman Timmons stated: "Authoritarian regimes such as China and Russia are using financial systems and digital currencies as tools of surveillance and control." The session is titled "Two Sides of a Digital Coin: Protecting U.S. Security by Challenging the Power of Repressive Foreign Regimes."
