Crypto regulation decided by Congress, not the SEC: Blockchain Association

The group's policy head doubted a divided Congress can create crypto legislation but said it doesn’t give regulators absolute authority in the interim.

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How Much Can Congress Move Crypto Prices?

If you’ve been living under a rock for the past two weeks, you probably still heard about David Marcus’ efforts to assuage Congress on Facebook and its Libra cryptocurrency. Whether Marcus’ assurances will safeguard Libra’s long-term viability is anybody’s guess.

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Crypto Industry Leaders Warn US Congress Over Regulatory Uncertainty

Over 50 representatives from the crypto, Wall Street and venture capital firms traveled to Washington DC on Tuesday with a clear message for the US Congress: regulate or watch the innovation leave the country.

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Strict Cryptocurrency Regulations Leads to Lack of Innovation, Say Crypto Firms to U.S. Congress

U. S. lawmakers met venture capital firms and entrepreneurs operating in the blockchain and cryptocurrency space this week, with the latter group cautioning watchdogs of the possible “brain-drain” if digital assets continue to be abided by 72-year-old regulations.

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Crypto Leaders to U.S. Congress: Hurry up With Regulation or We Might Just Leave

Around 80 business leaders representing the cryptocurrency industry and Wall Street met with U. S. lawmakers on Sep 25, 2018, to pass on an important message: Make way for regulatory clarity on crypto and ICOs without further delay or watch innovation ditching the U.

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US Crypto Industry, Wall Street Urge Congress for Regulatory Clarity

The US could find itself falling behind if the authorities do not take action to end the legal uncertainty around cryptocurrency, financial industry executives stated during a roundtable in Washington this week.

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ICO Legislation to be Presented to Congress Within Three Weeks

Congressman Warren Davidson is to present “light touch” legislation on Initial Coin Offerings (ICO) within three weeks following a meeting between congressmen and crypto industry representatives.

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Crypto Firms to Congress: We Need Clarity on Blockchain Token Rules

More than 80 representatives from a variety of cryptocurrency projects and companies spent four hours calling for clarity around ICOs and tokens.

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Crypto Execs Tell Congress to Fix Tax Rules

The old saying about Death and Taxes is not quite accurate when it comes to cryptocurrencies. The Internal Revenue Service may seem as implacable as the specter of mortality, but at least the Grim Reaper is upfront about the price.

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Cryptocurrency Regulations on the Floor at Capitol Hill

A new crypto bill will be presented by the US Congress this fall led by Ohio Republican Warren Davidson. He is hosting a roundtable of representatives from Wall Street, venture capital firms and crypto companies to understand the crypto industry better.

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US Congress Holding Roundtable With Industry Insiders to Draft Growth Promoting Regulations

Facing a murky regulatory landscape in the U. S. , representative Warren Davidson, R-Ohio, is hosting a roundtable Tuesday that includes representatives from Wall Street, venture capital firms, government regulators, and cryptocurrency industry insiders in attempts to draft policy that doesn’t stifle growth.

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Experts Warn SEC And Congress: Bad Rules Will Harm Bitcoin Investors

Governments are known to pass bad regulations that harm industries as well as implement rules that often lead to unforeseen, negative results — consequences that significantly deviate from the new rule’s original intent.

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Presenting a United Front of Blockchain Companies to Work With Congress

It’s a sign of the times and the growing maturity of the crypto industry that a new industry trade association launched in Washington, D. C. , on September 11, 2018, to lobby the U.

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Crypto Tax Rules Need Clarity, US Congress Tells Revenue Agency

The federal tax-collecting authority should update its virtual assets guidance because the lack of clarity creates uncertainty for citizens, Capitol Hill lawmakers said in an open letter.

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Trezor Crypto Wallet’s SatoshiLabs Withdraws Support For Hacker’s Congress Paralelni Polis

SatoshiLabs Announces it Withdraws Support for Hacker’s Congress Paralelni Polis In a blog post uploaded by SatoshiLabs on September 18, the company explains that they will be withdrawing from the Hacker’s Congress Paralelni Polis (HCPP18) due to different private conflicts.

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Cash, Not Crypto, Still King When It Comes to Funding Terrorists

One of the main arguments used by cryptocurrency critics is that digital currencies make it easier to finance terrorism. But, as they say, the truth is sometimes stranger than fiction. A defense expert recently told the US Congress that it is actually harder to finance terrorists using cryptos after citing that numerous attempts by terrorist […] Cash, Not Crypto, Still King When It Comes to Funding Terrorists was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

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Terrorists Not Having Much Luck Raising Money Through Cryptos, Fiat Still The Most Preferred

Remember when crypto skeptics said that cryptos would replace fiat currencies as the preferred funding method for terrorists? It turns out they were wrong, at least for now. According to witnesses who testified before the U.

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US Congress Committee Shares Why Crypto For Terrorism is “Poor Form of Money”

The official press release from the U. S. Congress Subcommittee on Terrorism and Illicit Finance revealed the latest topic of discussion on terrorism funding – cryptocurrency. The release was issued on September 7th, which discussed the best ways to monitor these threats.

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Terrorists Not Gaining From Cryptos But Risks Remain, Experts Tell Congress

Terrorist groups such as Al-Qaeda, the Islamic State and others have unsuccessfully tried to raise money through cryptocurrencies such as Bitcoin, a former CIA analyst told Congress on Friday per Forbes.

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Terrorists Turn Away From Crypto, Criminal Money Argument No Longer Relevant

Foreign terrorist groups such as Isis and al-Qaeda have failed at repeatedly trying to raise money to fund their criminal operations using crypto, according to a testimony made today at a House Financial Services Committee hearing.

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US Congressman to Submit ICO Bill, Invites Crypto Leaders to Capitol Hill

In advance of his plans to present an ICO-related bill to Congress this year, Republican representative Warren Davidson invited a select group of crypto heavyweights to Capitol Hill to discuss future legislation.

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Congressman Invites Crypto Industry Leaders to Capitol Hill to Discuss ICOs

Republican Ohio representative Warren Davidson has invited 32 cryptonians to Capitol Hill ahead of his plans to present Initial Coin Offering (ICO) related legislation to Congress this autumn. Davidson’s office.

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Spatium Will Present Their Recent Project At The International Blockchain Congress

New Delhi [India], Aug 4 (NewsVoir): The creators of the Spatium ™ Wallet (the first truly protected crypto wallet) will present their recently unveiled project at the International Blockchain Congress, which is taking place in Hyderabad, India from August 2nd – 5th.

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Bitcoin [BTC] and Ethereum [ETH] reach the US Congress, proponents expect positive

On 7th August, it was revealed that Bitcoin and Ethereum have reached the shores of the United States Congress with Bob Goodlatte, chair of the House Judiciary Committee revealing his crypto holdings.

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For the First Time Ever US Congressman Unveils his Crypto Holdings

The member of Congress and the chair of the House Judiciary Committee Bob Goodlatte has disclosed his crypto holdings, which was followed by a memo calling on all members, officers, and employees of the House of Representatives to reveal publicly their cryptocurrency ownership in annual reports.

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Ian Ballina Shares ICO Token Advice To CNBC’s Ran NeuNer in Interview

Ian Ballina Gives ICO Advice To CNBC’s Ran NeuNer Crypto investor Ian Balina was one of the special guests at the International Blockchain Congress held in Hyderabad, India. He sat down with Ran NeuNer of CNBC's Crypto Trade to discuss his recent hack, ICO and more.

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Congress Committee Chairman is Betting on Crypto – Reveals Investments in Annual Disclosure

Rep. Bob Goodlatte has become the first person in Congress to reveal his cryptocurrency holdings to the world. The chairman of the House Judiciary Committee owns digital currencies, as revealed in his annual disclosure report.

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BTC, ETH And BCH Owned In Huge Amounts By Members Of The White House

Within the United States, members of Congress and other authorities are starting to be required to account for and declare their digital assets. This is a little bit of a paradox in that cryptocurrency was designed to challenge government control, yet in this scenario, we are seeing members of one of the world’s most powerful governments declare their crypto assets, on a frankly colossal scale.

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Indian Lawyer: “RBI Policy will Drive Crypto Industry Underground”

Speaking at the inaugural International Blockchain Congress held in India on August 4, 2018, Jaideep Reddy, a prominent Indian lawyer and crypto market advisory specialist, has criticised the anti-crypto stance of the Reserve Bank of India (RBI) which prevents banks from carrying out transactions with crypto-related entities.

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Bob Goodlatte Becomes First Member of Congress to Disclose Crypto Holdings

Bob Goodlatte, the chair of the House Committee on the Judiciary, has reported his private cryptocurrency holdings – making Mr. Goodlatte likely the first member of the United States Congress to disclose private investments in the form of virtual currencies.

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Regulations Round-Up: Holland Targets Electricity Theft, MI Republican Wants More Oversight

In recent regulatory news, Dutch police have reported an increase in electricity fraud associated with crypto mining, a Michigan Republican member of the House Financial Services Committee has urged Congress to make the development of clear guidelines overseeing the cryptocurrency industry a top priority, and digital currency advocacy group, Chamber of Digital Commerce, has published […] The post Regulations Round-Up: Holland Targets Electricity Theft, MI Republican Wants More Oversight appeared first on Bitcoin News.

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International Blockchain Consortium to Popularize Crypto Technology

Participants in the upcoming International Blockchain Congress in India are planning to launch a Global Blockchain Protocol Consortium.

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US: Lawmaker Calls for More Action from Congress on Regulating Crypto

Republican U.S. Congressman Bill Huizenga calls for more action in Congress on crypto regulation and empowering financial authorities

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US Lawmakers Want FinCEN Mandate to Explicitly Cover Crypto

A new bill facing the U.S. Congress would have FinCEN more closely examine the cryptocurrency space, according to public documents.

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Congress debates future of crypto in day of double hearings

Stars of the crypto and venture capital worlds made their way to Washington recently for a day of congressional hearings on cryptocurrency

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Never allow the Crypto Circus in Congress to make you fool

At the same hearing that Sherman attended, Federal Reserve Chairman Jerome Powell said cryptocurrencies are “great if you’re trying to hide or launder money.” In the wider context, it’s clear that we have actually come some way forward in regulatory comprehension of this technology. The influence of a parallel market Part of this shifting tide

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Don't Let the Crypto Circus in Congress Fool You

Washington understands cryptocurrency better than this week's circus on Capitol Hill suggests, writes Michael J. Casey.

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What went on at Us congress and crypto hearings: positive regulation to ponzi comparisons!

Law and technology scholar specializing in digital property, electronic contract, big data privacy, and virtual communities. Co-Founder and CEO of Clovyr startup, which essentially functions as a decentralized app store.

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From Positive Regulation to Ponzi Comparisons: What Went On at US Congress Crypto Hearings

Here’s what went on at the recent US Congress hearings regarding crypto: from calls for positive regulation to a crypto ban suggestion and obligatory “Ponzi schemes” comparisons

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US Fed Reserve Chair Bashes Crypto’s Money Properties, Says “Not Really a Currency”

Jerome Powell Claims Bitcoin is Not a Real Currency and Has No Intrinsic Value The head of the United States Federal Reserve issued a warning to Congress earlier today regarding cryptocurrencies. Federal Reserve chair Jerome Powell, who took the position in February, said on Capitol Hill that bitcoin and other cryptocurrencies are dangerous to “unsophisticated […]

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A Basic Guide to the Digital Age: Breaking Down Congress’ Crypto Hearing

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Experts School Congressional Members on Crypto Space’s Nuances

U.S. Congress continues to show eagerness in learning more about cryptos.

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Expert Before Congress: Fed Crypto a Bad Idea, Remove Capital Gains Tax

A Heritage Foundation expert warns the US Congress against Fed-issued digital currencies; argues for the removal of capital gains tax on cryptocurrencies.

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Fed Governor’s Crypto Testimony Reveals US Central Bank Has No Plans For Regulation

Jerome Powell, chairman of the U. S. Federal Reserve, raised concerns about cryptocurrencies on Wednesday, saying they present serious risks to investors. During his testimony before the House Committee on Financial Services,Powell was asked for his opinion on cryptocurrencies and he had few kind words for the sector.

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The CFTC warns Congress of the Gest Crypto Rules in the Congress’s tone

The latest Congressional Hearing had academic, engineering and entrepreneurial experts discussing how digital currencies should be dealt amid the existing need of innovation and education in this space.

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Congressman Brad Sherman Asks Cryptonian to Stop Exposing His Hypocrisy

A career politician who has been elected to congress for the past 21 years, made his way once more to a crypto hearing to tell the public that bitcoin should... The post Congressman Brad Sherman Asks Cryptonian to Stop Exposing His Hypocrisy appeared first on Trustnodes.

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US Fed Chairman Maintains Cryptos Don’t Have Intrinsic Value

On Wednesday morning, the U. S. Congress held a hearing regarding cryptocurrencies, hearing mixed opinions from regulators and representatives of the U. S. government. Federal Reserve Chairman: Cryptos Aren’t A Store of Value Or A Payment Tool Jerome Powell, the chairman of the U.

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CFTC Warns The Congress For Hasty Crypto Rules During Congressional Hearing

The latest Congressional Hearing had academic, engineering and entrepreneurial experts discussing how digital currencies should be dealt amid the existing need of innovation and education in this space.

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Senate Candidate Austin Petersen Is Bitcoin’s Best line of Defense in Congress

With Missouri’s GOP primary electoral process less than a month from now, Austin Peterson continues his support for cryptocurrencies and seems to be using it as a political weapon. A Candidate Who Understands Crypto Peterson, who ran for president in 2016 as a Libertarian, has long been a Bitcoin advocate.

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