A group of five lawmakers from the United States House of Representatives has requested data on the diversity and inclusion practices of 20 major firms dealing with cryptocurrencies and Web3.
In a Thursday notice, House Financial Services Committee chair Maxine Waters along with Representatives Joyce Beatty, Al Green, Bill Foster and Stephen Lynch penned a letter requesting U.S.-based crypto firms provide information on “how and whether the industry is working toward a more equitable environment for everyone.” The lawmakers sent letters to 20 companies including Aave, Binance.US, Coinbase, Crypto.com, FTX, Kraken, Paxos, Ripple and Tether as well as venture capital firms Andreessen Horowitz, Haun Ventures and Sequoia Capital.
“There is a concerning lack of publicly available data to effectively evaluate the diversity among America’s largest digital assets companies, and the investment companies with significant investments in these companies,” said the lawmakers. “We believe...
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