US Homeland Security committee to explore bitcoin's potential in 18th Nov hearing
The US Senate Committee on Homeland Security and Governmental Affairs has set 18th November as the date for its hearing into bitcoin and other cryptocurrencies. US Senator Tom Carper, chairman of the committee, said last week that the aim of the hearing, titled 'Beyond Silk Road: potential risks, threats, and promises of virtual currencies', is to "dig into what a whole-government approach to this new and unique technology may look like". According to a post on the Bitcoin Talk forum, several people representing bitcoin interests have been invited to testify, including members of the....
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View the full video of the Senate Homeland Security and Governmental Affairs Committee hearing on virtual currencies here. Don't bother running from regulation, said an influential agency director at a key government hearing on Monday 18th November - because in the long term, there's nowhere to hide. FinCEN director Jennifer Shasky Calvery warned virtual currency companies against fleeing US shores in the hope of more lenient regulatory frameworks elsewhere. "If business is going to leave the United States based on perceived or actual regulatory burden, I always believe that they're going....
The full video of today's Senate Committee on Homeland Security and Governmental Affairs hearing can be viewed here. Even the title of Monday's Senate Committee hearing on bitcoin reflects the overriding concern. "Beyond Silk Road - Potential Threats, Risks, and Promises of Virtual Currency" brings together several speakers from the government, industry, and non-profit sectors to give their opinions to the Senate's Committee on Homeland Security and Governmental Affairs about the potential security risks of the cryptocurrency. Here is a roundup of what to expect from testimony given at the....
There's been talk of a Senate hearing on Bitcoin taking place soon. Heck, I've even reported about this recently. Now, information is coming forward that the hearings are slated to take place on the 18th of November before the Senate Homeland Security & Governmental Affairs and also the Senate Banking committee. Members of the bitcoin community (including Patrick Murck of the Bitcoin Foundation) are expected to testify in order to inform members of Congress of the digital currency's use and implications when it comes to finance and crime. The news comes from Mike Hearn, who's from the Law....
A hearing held by the US Senate Committee on Homeland Security and Governmental Affairs has announced the list of those who will speak at its November 18th hearing on Bitcoin. The hearing, named “Beyond Silk Road: potential risks, threats, and promises of virtual currencies,” will feature two panels. The first panel will consist of: Jennifer Shasky Calvery, from the Department of the Treasury Mythili Raman, acting assistant attorney general Edward W. Lowery III, special agent in the Secret Service’s Criminal Investigative Division The second panel will consist of: Ernie Allen, president of....
The US Senate Committee on Homeland Security and Governmental Affairs (HSGAC) has revealed the list of witnesses who will speak at a hearing into bitcoin on 18th November. Titled 'Beyond Silk Road: potential risks, threats, and promises of virtual currencies', the hearing is to take place at 15:00 (local time) in room 342 of the Dirksen Senate Office Building in Washington, DC. The hearing will feature two separate panels, one representing US law enforcement agencies and another representing bitcoin, extolling the virtues of digital currencies. Panel one consists of: Jennifer Shasky....