Your Crypto- Community Needs Your Help!!!

dwarrilow2002 (65)in #bitcoin • 9 years ago (edited)

Today I received a message from the Bitcoin Foundation. As a long time member of the foundation, I periodically receive messages asking for support. Here is the gist of the message.

The Bitcoin Foundation opposes the current draft of §1241 Combating Money Laundering, Terrorist Financing and Counterfeiting Act of 2017 as it will have the consequences of creating a high level of regulatory uncertainty for all businesses making use of blockchain and cryptocurrency in their products and services. Our original ++opposition letter++ to U.S.C. §1241 was sent to the US Senate Committee on the Judiciary on August 29, 2017. Following our letter of opposition and follow-on discussions with legal counsel to Senator Grassley, one of the sponsors of §1241, we have a last opportunity to suggest edits to the bill before it is passed later this year.

They are asking for financial assistance to make revisions to their current draft for the final presentation to the US Government.

I am asking your help by upvoting and resteeming and in general circulating this post around. I also encourage you to restate this message on your own blog and send me the link to upvote it. I suggest that if we pool our earnings from this post, it can be forwarded to the Bitcoin foundation to support this endeavor.

#steem #community #usc1241 #legislation

9 years ago in #bitcoin by dwarrilow2002 (65)

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fahad290 (49) 9 years ago

Nice post....

$0.04

1 vote

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minnowpond (62) 9 years ago

@minnowpond1 has voted on behalf of @minnowpond.
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Your Crypto- Community Needs Your Help!!!

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