Congressman takes aim at peers who think crypto could cause a ‘financial 9/11’
Characterizing his contemporaries as viewing the crypto sector as a “financial 9/11,” Congressman Ted Budd has warned lawmakers against driving blockchain innovation offshore. Representative Ted Budd of North Carolina, a member of the House Financial Services Committee and Congressional Blockchain Caucus, has urged lawmakers to embrace decentralized innovation.In what appears to be the first occasion in which a publicly elected official has met with a decentralized autonomous organization (DAO), Budd acknowledged the increasing concern about crypto among lawmakers while speaking to....
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Congressman Gabriel Silva presented a Crypto Law project. Even though Silva’s profile picture has laser eyes, the congressman doesn’t even mention Bitcoin in the video with which he announces his accomplishment. Is this bullish for cryptocurrencies in general? Or is it another case of a politician trying to make a name for himself using buzzwords […]
U.S. Congressman Barry Moore has apparently been investing in crypto for a while now. Moore had purchased Doge, Ethereum, and ADA. This was made evident in the trading disclosures that were filed with the clerk of the House of Representatives on July 2nd. The disclosure showed that Congressman Moore had gotten into Doge well after […]
Congressman Schweikert wants to know what Bitcoin means for the US dollar. In a recent exchange at a meeting for the Committee on Small Business, Congressman David Schweikert decided to ask the panel of distinguished guests about the possibility of Bitcoin as a long term threat to the US dollar. Although he admitted that this is nothing to worry about over the short term, the reality is that we don't know where we'll be ten years from now. Even if Bitcoin is not the cryptocurrency of the future, we could be facing a situation where some form of stateless money is eventually preferred over....
Alabama congressman Barry Moore has snapped up ETH, ADA, and Doge over the past two months, but his holdings have taken a significant hit amid the crypto downturn. News of two contrasting approaches to crypto from U.S. members of congress surfaced this week. Alabama Congressman Barry Moore has been loading up on cryptocurrencies such as Ethereum (ETH), Cardano (ADA), and Dogecoin (DOGE) over the past two months. Meanwhile anti-crypto California Congressman Brad Sherman — whose stated aim is to shut crypto down — has reportedly received more than $100,000 in campaign donations from top....
The wealthiest serving member of Congress, California congressman Darrell Issa, visited Airbitz, a Bitcoin wallet provider. The Airbitz team and Issa discussed legislation enabling startups to raise equity funding not only from accredited investors but the public as well. Congressman Buys Bitcoin. According to the San Diego Union Tribune, Airbitz focuses....