Bitcoin Faces Regulatory Push in Senate Banking Committee Hearing
View the full video of the Senate Committee on Banking, Housing, and Urban Affairs hearing on virtual currencies here. It was refreshing to see a Senate hearing kick off half an hour early for a change, and in a place with far more sitting room than room 538 of the Dirksen Senate Office Building. Just before 15:00 ET, while aides were still preparing that room for the two-hour session, Senator Jerry Moran posted a question on reddit: "I'm one of the Senators attending today's US Senate Banking Committee hearing related to bitcoin. What would you like me to know?" He wanted wider input on....
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View the full video of the Senate Committee on Banking, Housing, and Urban Affairs hearing on virtual currencies here. The Present and Future Impact of Virtual Currency hearing taking place today at the US Senate will be webcasted live on C-SPAN3. The Committee on Banking, Housing and Urban Affairs' Subcommittee on National Security and International Trade and Finance, and Subcommittee on Economic Policy will meet in open session. This is the second of two hearings on digital currency this week, the first being held by the US Senate Committee on Homeland Security and Governmental Affairs....
View the full video of the Senate Committee on Banking, Housing, and Urban Affairs hearing on virtual currencies here. Bitcoin could be regulated as a commodity if market volatility continues, academics and financial industry players warned at a Senate hearing today. Speaking at a subcommittee hearing organized by the Senate Committee on Banking, Housing, and Urban Affairs, a representative from a financial industry technology round table also called for more regulation for virtual currencies. Sarah Jane Hughes, university scholar and fellow in commercial law at Indiana University Maurer....
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 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....
The US Senate Committee on Banking, Housing and Urban Affairs previously announced that it would be holding a hearing, and that date is now set for November 19, 2013. The hearing, named “The Present and Future Impact of Virtual Currency,” will include BitPay CEO Anthony Gallippi and Ripple Labs CEO Chris Larsen. Also included in the panel are Jennifer Shasky Calvery, from FinCEN; David Cotney, from the Massachusetts Division of Banks; Sarah Jane Huges, researcher at Indiana University; and Paul Smocer, president of BITS at Financial Services Roundtable. The hearing will take place during....