U.S. Congressman calls for ‘Broad, bipartisan consensus’ on important issues ...
Representative McHenry is convinced that Congress should take crypto regulation away from executive agencies and courts. In a letter to the leadership of the United States House Financial Services Committee, ranking member Patrick McHenry took a jab at “inconsistent treatment and jurisdictional uncertainty” inherent in U.S. crypto regulation and called for the Committee to take on its critical issues.McHenry, a Republican representing North Carolina, opened by mentioning that the Committee’s Democrat Chairwoman Maxine Waters is looking to schedule additional hearings addressing matters....
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Source: Reddit.com. What better way is there for a politician to get bitcoin donations than by attending a New Year's Eve party and holding up a QR code to a donation address? That's right, there isn't any. Congressman Steve Stockman did just that, attending a New Year's Eve party in the New York City's financial district on Broad Street. A quick scan of the QR on the provided picture posted to Reddit shows the address has received about $10 USD, which means the Congressman was either very unpopular, or someone manipulated the photo and posted their own QR code. Either way, it's pretty....
In a recent statement, Congressman Tom Emmer, a prominent figure in the GOP and a staunch advocate for crypto, expressed his concerns regarding the actions of Securities and Exchange Commission (SEC) Chair Gary Gensler. Emmer accused Gensler of abusing his authority, leading to the expansion of the Administrative State while “disregarding the interests of the […]
Coin Center, a Washington D.C.-based non-profit and advocacy center focusing on public policy issues facing bitcoin and blockchain technology has led an effort that now sees the formation of a Congressional caucus focused on studying the innovation. Washington is buying in to Coin Center’s efforts to help policy-makers understand decentralized, open technologies such as the Bitcoin and Ethereum blockchains. In an announcement today, Rep. Mick Mulvaney (R-SC) and Rep. Jared Polis (D-CO) announced the formation of the Congressional Blockchain Caucus. The new caucus – a congressional member....
A U.S. congressman has called for a law that allows the government to identify cryptocurrency users and reverse crypto transactions. “There’s a significant sentiment, increasing sentiment, in Congress that if you’re participating in an anonymous crypto transaction that you’re a de-facto participant in a criminal conspiracy,” he said. Rep. Bill Foster Stresses the Need for Law to Allow the Government to Reverse Crypto Transactions Democratic Rep. Bill Foster of Illinois, who is also co-chair of the Congressional Blockchain Caucus, talked about cryptocurrency....
Two U.S. senators are working on a bipartisan, broad-based regulatory framework for cryptocurrency. “The work we’re doing is going to be a very complex and intensive review of the different aspects of this industry,” said one of the senators.
US Senators to Introduce Comprehensive Framework to Regulate Crypto Industry
U.S. Senators Kirsten Gillibrand (D-N.Y.) and Cynthia Lummis (R-Wyo.) are working together on “a broad-based regulatory framework” for how the crypto industry should be regulated, they explained Thursday at a Politico Live....