The hearing on the framework for the encryption tax system in the U.S. House of Representatives has been postponed due to recess, and a new date has not yet been set.

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[U.S. House of Representatives Encryption Tax Framework Hearing Postponed Due to Recess, New Date Undetermined] Encryption journalist Eleanor Terrett updated her previous report, noting that due to the U.S. House of Representatives being in recess this week, the hearing on the encryption tax framework originally scheduled for Wednesday will be rescheduled, with the specific date yet to be determined. This update indicates that the hearing will not proceed as originally planned, but a new date has not been announced. According to previous news reported by encryption journalist Eleanor Terrett, the U.S. Senate Banking Committee plans to hold a full hearing next Wednesday (July 9) at 10:00 PM Beijing time, focusing on market structure issues.

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