On February 6, it was reported that the Subcommittee on Oversight and Investigation of the U.S. House Financial Services Committee will hold a hearing at 14:00 EDT on February 6 (3 a.m. Beijing time on the 7th) with the theme of "Choke Point 2.0: How the Biden Administration suppresses cryptocurrencies", focusing on the banking service restrictions faced by the crypto industry. Witnesses, including Austin Campbell, Paul Grewal, Fred Thiel and Shayana Olesiuk, are expected to cover the attitude of financial regulators towards crypto companies and their impact on industry development.