US Lawmaker Urges SEC to ‘Take Decisive Action’ to Regulate Crypto Industry — Plans to Examine Options for Federal Legislation

US Lawmaker Urges SEC to 'Take Decisive Action' to Regulate Crypto Industry — Plans to Examine Options for Federal LegislationU.S. Congressman Brad Sherman has called on the Securities and Exchange Commission (SEC) to “take decisive action to put an end to the regulatory gray area in which the crypto industry has operated.” He added that he plans to work with his colleagues in Congress in the coming weeks “to examine options for federal legislation.” […]

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US Lawmaker Says ‘Too Much Money and Power’ Behind Crypto to Ban It

US Lawmaker Says 'Too Much Money and Power' Behind Crypto to Ban ItU.S. Representative Brad Sherman says Congress has not banned crypto because “there’s too much money and power behind it.” He elaborated: “Money for lobbying and money for campaign contributions works, or people wouldn’t do it, and that’s why we haven’t banned crypto.” US Lawmaker on Regulation and Why Congress Won’t Ban Crypto Congressman Brad Sherman […]

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Ripple’s Counsel Urges US Lawmakers to Urgently Pass ‘Sensible’ Crypto Legislation Amid SEC Lawsuit Over XRP

Ripple's Counsel Urges US Lawmakers to Pass 'Sensible' Crypto Legislation Amid SEC Lawsuit Over XRPRipple’s general counsel has urged U.S. lawmakers to pass “sensible crypto legislation” amid a Securities and Exchange Commission (SEC) lawsuit over the sale of xrp. “Rather than providing regulatory clarity through rulemaking, the SEC is bullying crypto markets by filing unproven allegations masquerading as regulation,” he opined. Ripple’s Counsel Calls for ‘Sensible’ Crypto Regulation Stuart […]

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A New Super PAC Aims to Elect BTC Advocates and ‘Vote out Anti-Bitcoin Politicians Like Brad Sherman, Elizabeth Warren’

A New Super PAC Aims to Elect BTC Advocates and 'Vote out Anti-Bitcoin Politicians Like Brad Sherman, Elizabeth Warren'On Friday, Grant McCarty, the director of policy and public affairs at Bitcoin Magazine, announced the launch of three political efforts aimed at bolstering bitcoin public policy at the Bitcoin 22 conference in Miami. McCarty revealed the Bitcoin Advocacy Project (BAP), the Bitcoin Policy Institute (BPI) and an independent expenditure-only political committee called the Financial […]

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U.S. Rep. Brad Sherman’s Negative Stance on Bitcoin Is Loud and Clear

Wednesday’s US House Committee hearing on financial services and Bitcoin was not exactly successful. In fact, it was another example of how biased some politicians are when it comes to new forms of money. US Representative Brad Sherman is getting a lot of heat for his comments, but it seems there’s a good reason for […]

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The Daily: Anti-Crypto Politician Backed by Payments Firm, Grayscale Raised $250m in H1

The Daily: Anti Crypto Politician Backed by Payments Firm, Grayscale Raised $250m in H1In today’s edition of Bitcoin in Brief we cover an American anti cryptocurrency politician who is financially backed by a credit card firm, a positive change of leadership at Goldman Sachs, Grayscale’s performance during first half of 2018 and much more.

The post The Daily: Anti-Crypto Politician Backed by Payments Firm, Grayscale Raised $250m in H1 appeared first on Bitcoin News.

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