Congressional candidate seeking to unseat anti-crypto Brad Sherman is accepti...
An elementary school teacher, Aarika Rhodes said she plans to use her time in Congress “fighting to keep Bitcoin innovation” in the United States. Aarika Rhodes, a Democrat running to represent California's 30th congressional district in the U.S. House of Representatives, has begun to accept campaign contributions in Bitcoin using the Lightning Network.In a Tuesday message to her more than 21,000 Twitter followers, Rhodes said her campaign website had started using Lighting for campaign contributions in addition to the BitPay options for Bitcoin (BTC) and Bitcoin Cash (BCH). According to....
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Brad Sherman said the Biden administration should have the ability to tell crypto exchanges not to do "business with Russia-based crypto wallets" amid the situation with Ukraine. Representative Brad Sherman will be introducing a bill in the House aimed at cracking down on U.S. businesses handling crypto transactions for Russian banks and individuals.Speaking at a hybrid markup meeting with the House Financial Services Committee on Thursday, Sherman said he will be introducing a companion bill to Senator Elizabeth Warren’s legislation that would give the Biden administration “explicit....
Representative Brad Sherman said the SEC's enforcement case against Poloniex was like going after "small fish" compared to major exchanges, which may include Kraken and Coinbase. Brad Sherman, the congressperson who previously called for banning cryptocurrencies in the United States, criticized the Securities and Exchange Commission’s (SEC) approach to enforcement among major crypto exchanges.In a Tuesday hearing before the House Committee on Financial Services, Sherman said SEC enforcement director Gurbir Grewal needed to show “fortitude and courage” when pursuing securities cases against....
U.S. Representative Brad Sherman says Congress has not banned crypto because “there’s too much money and power behind it.” He elaborated: “Money for lobbying and money for campaign contributions works, or people wouldn’t do it, and that’s why we haven’t banned crypto.”
US Lawmaker on Regulation and Why Congress Won’t Ban Crypto
Congressman Brad Sherman (D-CA) shared his views on cryptocurrency and its regulation in an interview with the Los Angeles Times, published Sunday.
The U.S. lawmaker from....
Politicians seeking to represent California at the state or federal level have made proposals seemingly favorable to crypto adoption. California State Senator Sydney Kamlager, representing the 30th Senate District, which includes parts of downtown Los Angeles, has introduced a bill that would amend the state’s code to allow for the acceptance of cryptocurrencies for certain payments.According to Senate Bill 1275 introduced in the California Legislature on Feb. 18, Kamlager proposed authorizing a state agency “to accept cryptocurrency as a method of payment for the provision of government....
Congressional candidate Taylor Burke discusses advocating for Bitcoin as a U.S. politician.