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Known Crypto-Hater Sherman to Chair Congressional Subcommittee on Investor Protection

The anti-crypto United States Congressman Brad Sherman (D-CA) has been elected to serve as Chairman of the Subcommittee on Investor Protection, Entrepreneurship and Capital Markets.On Dec. 5, Chairwoman of the House Financial Services Committee Maxine Waters (D-CA) announced that Sherman was elected to take up the position of Chair

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Lawmakers Left with More Questions as Zuckerberg Takes the Congressional Stand

“I’m not sure that we learned too much more new, except now that they’re calling the association an independent association,” Rep. Sylvia Garcia laments.Could this be the end of the road for Facebook’s digital coin, Libra, or perhaps is it just the beginning? Similarly to congress members yesterday, we are

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Libra US Congressional Hearing — Recap Before Zuckerberg Faces Senate

Today, Oct. 23, Facebook CEO Mark Zuckerberg will testify before the United States House of Representatives Financial Services Committee regarding Libra — the company’s stablecoin project that has been facing major regulatory backlash since the day it was announced. While Libra was previously represented in front of the U.S. lawmakers

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Congressional Research Service Examines Blockchain in Energy Sector

The Congressional Research Service has released a report that examines, among other things, the potential advantages and disadvantages of pursuing blockchain-based solutions for the energy sector.The Congressional Research Service released their findings in a report on Aug. 9, entitled “Bitcoin, Blockchain, and the Energy Sector.”In its report, the research

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US Federal Election Commission Allows Using Crypto for Florida Congressional Campaign

With the ongoing rivalry between governments and the crypto world, should crypto coins be accepted for campaign-related activities? From the look of things, I guess the answer is yes. A number of ambitious public officials have used virtual currencies in campaign-related activities such as campaign donations and as incentives.A campaign

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Crypto Holder, Congressional Rep. Tulsi Gabbard Formally Launches US Presidential Campaign

Crypto holder Tulsi Gabbard, the United States Representative for Hawaii's 2nd congressional district, has formally launched her campaign for the forthcoming 2020 U.S. presidential elections. The development was reported by tech media platform TrustNodes on Feb. 4.Gabbard —  a Democrat who resigned as Vice Chair of the Democratic National Committee

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Crypto is a ‘Poor Form of Money’ for Terrorists, Congressional Hearing Concludes

The U.S. Congress Subcommittee on Terrorism and Illicit Finance has discussed various methods of terrorism financing with cryptocurrency, according to an official press release on the U.S. House of Representatives Financial Services Committee September 7.In order to monitor threats and methods of terrorist financing, the hearing considered major means of

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