币界网报道：The U.S. Senate Banking, Housing, and Urban Affairs Subcommittee on Financial Institutions and Consumer Protection has scheduled a hearing titled "Crypto Crash: Why Financial System Safeguards are Needed for Digital Assets" for July 27. The session will examine recent market turmoil in the cryptocurrency sector, including the collapse of TerraUSD (UST) and Celsius Network's liquidity crisis, while exploring potential regulatory safeguards. Witnesses include Professor Hilary Allen from American University Washington College of Law and Professor Lee Reiners from Duke University School of Law. The hearing comes as lawmakers increasingly scrutinize digital asset risks following multiple high-profile crypto failures this year. Senate Banking Committee Chairman Sherrod Brown has previously expressed concerns about crypto's threats to consumers and the financial system, while ranking member Pat Toomey has advocated for clearer regulatory frameworks to support innovation. This marks the latest in a series of congressional crypto hearings as U.S. policymakers work to establish appropriate oversight for the rapidly evolving industry.