New Regulation for Crypto? US Senate Hearing Rekindles Debate

in #bitcoin6 years ago (edited)

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From Coindesk

 "We may be back with our friends from the U.S. Treasury and the Fed to ask for additional legislation."So said Jay Clayton, the chairman of the U.S. Securities and Exchange Commission, at a U.S. Senate hearing on cryptocurrencies today, responding to one of several questions about whether his agency has enough authority over the cryptocurrency market.The meeting of the Senate Committee on Banking, Housing and Urban Affairs, which kicked off on 10 a.m. Tuesday, however, saw participation from another notable regulator as well, U.S. Commodities Futures Trading Commission (CFTC) chair J. Christopher Giancarlo, who also addressed the topic in remarks. 


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Crypto isn't going anywhere. It has been around for years and from the looks and sounds of things it will be around for many more years. There are many adoptions happening integrating cryptoscurrencies for real world usage. Digital currency is now and will be the future. Take advantage and get on board. Do some research and ignore the F.U.D. Even though crypto will become more useful in our future not all will be promising and will not last. Invest at your on risk.

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