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thank you all right [Music] order without objection the chairs authorized to declare a recess of the committee at any time this hearing is entitled the future of digital assets identifying regulatory gaps in the digital asset Market structure without objection all members will have five legislative days within which to submit extraneous materials to the chair for inclusion in the record I recognize myself for four minutes for an opening statement well thank you for joining us in todays hearing entitled the future of digital assets identifying the regulatory gaps in the digital asset Market structure weve got a unique opportunity as members of this subcommittee to be on The Cutting Edge of crafting and effective functional regulatory system for the digital assets ecosystem at this very moment chair Johnson and members of the House agriculture committee are also holding a similar hearing discussing this same issue that means that more than 40 members of the U.S House have an opportunit