US Congress and Senate Need An Education On Blockchain
It’s no secret that lobbyists and special interests groups can move mountains in the U.S. government, or any government for that matter. No interest group seems to be better banked than that of the financial institutions and U.S. Rep. David Schweikert, R.-Arizona has requested that experts and enthusiasts alike contact and educate their elected representatives in the U.S. to get them on the right side of history before well-funded lobbyists on the sides of terrified banks get their hooks in to stop the progression of blockchain technology. Speaking at the D.C Blockchain Summit which took....
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Bitcoin is on the map in Congress as this morning as Politico, a leading newspaper and website predominantly read by Capitol Hill Staff Members and Congress published an article entitled, "Congress Starts Looking Into Bitcoin." What does this mean for the Bitcoin community, Congress and the US Executive Branch? Ideally, Members of Congress and the US Senate will take a closer and more holistic look into how regulators have been handling Bitcoin and will proceed with regulations or lack thereof. While, it would be even more ideal for Bitcoin to have more time to flourish prior to catching....
Blockchain education has taken two timely steps forward in Washington DC this week, as both Congress and the crypto industry unveil joint schemes to enhance awareness. Two Initiatives, One Focus. The Chamber of Digital Commerce and local startup 1776’s DC Blockchain Center, and separately the Congress-Coin Center partnership Blockchain Caucus, both got....
The Brazilian Congress is trying to approve a cryptocurrency legal framework before the end of Q2. According to reports from local media, The proponents of the different law projects presented in the Senate and the Congress have stated they will seek the unification of the projects due to their similarity. This new unified project presents incentives for green mining and the inclusion of crypto-related fraud as a crime.
Brazilian Congress Moves Gears to Approve Crypto Laws
The Brazilian Congress has the disposition of approving a definitive law to regulate cryptocurrency before....
Note: Some minor corrections were made to this article shortly after publishing, further clarifying that the volunteers were not lobbying Congressional Members. The newly established Chamber of Digital Commerce descended on Washington D.C. on Friday with volunteers coming in from as far away as Texas and Florida. They handed out information to every Congressional Office on the hill, making sure that every member of Congress at least has had the opportunity to learn about Bitcoin and digital currencies. Full Disclosure: I attended the event as a participant. With 535 voting members of....
The Crypto for Congress initiative has launched. All members of Congress will be given bitcoin as campaign contributions to help them learn about cryptocurrency. The initiative is supported by Congressional Blockchain Caucus members, including pro-crypto Representatives Darren Soto and Tom Emmer. Each Congress Member Receiving Bitcoin Contribution The “Crypto for Congress” initiative has launched, the Chamber of Digital Commerce announced Monday. “Today, all members of the United States Congress will receive a campaign contribution in bitcoin” as part of this....