Crypto Allies Gain Ground In Congress After Indiana Primary Win
A war chest of $193 million. That’s what Fairshake, the crypto industry’s most powerful political action committee, reported holding as of January — and it’s spending that money fast. Related Reading: Bitcoin Mining Could Transform Colombia’s Caribbean Region, President Says Money Behind The Win Indiana Republican James Baird cruised to victory Tuesday in his party’s […]
Related News
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....
Indiana is moving closer to formally embedding crypto into its public financial system after lawmakers approved House Bill 1042, commonly referred to as the Bitcoin Rights Bill. The legislation has cleared both legislative chambers and now awaits the signature of Governor Mike Braun. Related Reading: Binance Faces US Senate Inquiry Tied To $1.7 Billion In […]
Indiana is joining the ever-growing lists of states making comments on bitcoin. The "Informed Investor Advisory" came in the form of a document entitled "Are You An Informed Investor?" released by The Office of the Indiana Secretary of State [direct link] which essentially echoes sentiments the crypto-currency community has heard time and time again. Therein, the following points are made: Digital currencies are minimally regulated, and if they disappear, they're likely to be gone without any recourse for the owner. Digital currency amount are not in any way backed by the Federal Deposit....
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 emergence of crypto was one of the ground-breaking discoveries of this era. The change it brought affected many things in the financial systems. While many people embraced it wholeheartedly, others have remained doubtful. For instance, in the U.S congress, there are many Crypto proponents. But still, many amongst them are always skeptical about crypto. […]