Jeremy Allaire, CEO of Circle Internet Financial, is set to be the sole representative from the crypto industry to testify before the Senate on the need for clear regulations for digital assets. The hearing, titled "Examining Regulatory Frameworks for Digital Currencies and Blockchain," follows recent Senate discussions on Facebook's Libra and coincides with Circle's expansion in Bermuda, where it launched a subsidiary with regulatory licensing. Circle, known for its advocacy for US policy changes, is considered the most regulated crypto-finance company globally, holding multiple licenses, including an E-Money Issuer License in Europe and Money Transmitter Licenses in 48 US states. The company also owns SeedInvest, a broker-dealer and Alternative Trading System, and recently became the first major crypto company to receive a comprehensive Digital Assets Business License in Bermuda. Despite regulatory uncertainties, Circle continues to push for policy changes to ensure the US economy benefits from crypto innovation.