US Senate Cryptocurrency Hearing Strikes Encouraging Tone

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Mark Mason

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US Senate Cryptocurrency Hearing Strikes Encouraging Tone

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A recent hearing on cryptocurrencies before the US Senate took a surprisingly optimistic tone, allowing cryptocurrency users to breathe a sigh of relief.

Jay Clayton (Chairman of the Securities and Exchange Commission) and Christopher Giancarlo (Chairman of the Commodity Futures Trading Commission) spoke before the Senate Banking Committee on Tuesday, as reported by TechCrunch. Both Chairmen drew the distinction between what can and should be regulated as well as outlined the differences between cryptocurrencies, ICOs, and blockchains for lawmakers, painting the former in a much more favorable regulatory light.

Read more: https://www.dashforcenews.com/us-senate-cryptocurrency-hearing-strikes-encouraging-tone/

 
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