US Banking Committee Chair: Bitcoin Ban Won’t Work, Cryptocurrency “Is a Global Innovation”

[Mark Mason]

US Banking Committee Chair: Bitcoin Ban Won’t Work, Cryptocurrency “Is a Global Innovation”

The U.S. Senate Committee on Banking, Housing and Urban Affairs recently held a hearing on cryptocurrency and blockchain technology regulation where they realized the extreme difficulties in actually implementing an effective cryptocurrency ban.

Read more - https://dashnews.org/us-banking-com...t-work-cryptocurrency-is-a-global-innovation/​

 

[utopist]

Let me guess - they had discussion how to ban Bitcoin and understood that it will no work
Question - why they are so disturbed about crypto ?
Maybe they think only about own financial motivation ? ...

 

[Phil7]

This sounds like great news!

 

[berel]

Cryptocurrencies have been growing at a tremendous rate. All the corresponding assets to what we call cryptocurrencies are seemingly identical as they are based on the all-new decentralized mechanism known as blockchain with implicit encryption. Law and policies around the world are still struggling to catch up to the legal frameworks surrounding the technology...
Read Full Article on
Regulation of Cryptocurrencies Around the World by Deepanshu Bhatt