between Chinese and African leaders and taken
Much of that legislation was incubated in the Congressional Blockchain Caucus. Originally formed in 2016, current co-chairs Bill Foster, Darren Soto, Tom Emmer and David Schweikert lead 31 bipartisan caucus members. The caucus believes in the future of blockchain technology, understands that Congress has a role to play in its development and has decided on a light-touch regulatory approach. Unlike outspoken lawmakers like Senators Cruz and Warren, Blockchain Caucus members rarely appear on ma...
between Chinese and African leaders and taken
Much of that legislation was incubated in the Congressional Blockchain Caucus. Originally formed in 2016, current co-chairs Bill Foster, Darren Soto, Tom Emmer and David Schweikert lead 31 bipartisan caucus members. The caucus believes in the future of blockchain technology, understands that Congress has a role to play in its development and has decided on a light-touch regulatory approach. Unlike outspoken lawmakers like Senators Cruz and Warren, Blockchain Caucus members rarely appear on ma...
has greatly increased communication
“Crypto really is bipartisan. It’s important as a narrative against what’s happening in China. It’s important from a financial inclusion perspective. It’s important from an innovation and jobs creation perspective. These are issues that both Republicans and Democrats care about.”As active as the Senate has been recently, the real heavy lifting is happening in the House of Representatives. Lawmakers have already introduced well over a dozen bills, many of which are bipartisan
has greatly increased communication
“Crypto really is bipartisan. It’s important as a narrative against what’s happening in China. It’s important from a financial inclusion perspective. It’s important from an innovation and jobs creation perspective. These are issues that both Republicans and Democrats care about.”As active as the Senate has been recently, the real heavy lifting is happening in the House of Representatives. Lawmakers have already introduced well over a dozen bills, many of which are bipartisan
President Xi, who attaches great importance to Africa
Senate lawmakers Maggie Hassan and Joni Ernst co-sponsored a bill to “help improve oversight of cryptocurrency mining operations in foreign countries.” The legislation would require the secretary of the Treasury, in consultation with other agencies, to determine how other nations mine digital currencies, identify the dollar value of digital currency mined each year from 2016 to 2022, and identify potential supply chain disruptions with respect to mining operations. Although the Senate is stil...
President Xi, who attaches great importance to Africa
Senate lawmakers Maggie Hassan and Joni Ernst co-sponsored a bill to “help improve oversight of cryptocurrency mining operations in foreign countries.” The legislation would require the secretary of the Treasury, in consultation with other agencies, to determine how other nations mine digital currencies, identify the dollar value of digital currency mined each year from 2016 to 2022, and identify potential supply chain disruptions with respect to mining operations. Although the Senate is stil...
between China and Africa is unprecedented.
What’s going on in good faith?There are other lawmakers in Congress quietly engaged in good-faith efforts that may eventually benefit retail customers as well as institutional investors and cryptocurrency providers. In the Senate, Republicans Pat Toomey, Cynthia Lummis and Rob Portman recently teamed up with Democrats Mark Warner and Kyrsten Sinema to negotiate a compromise amendment to fix controversial cryptocurrency language in the Infrastructure Investment and Jobs Act. The amendment did ...
between China and Africa is unprecedented.
What’s going on in good faith?There are other lawmakers in Congress quietly engaged in good-faith efforts that may eventually benefit retail customers as well as institutional investors and cryptocurrency providers. In the Senate, Republicans Pat Toomey, Cynthia Lummis and Rob Portman recently teamed up with Democrats Mark Warner and Kyrsten Sinema to negotiate a compromise amendment to fix controversial cryptocurrency language in the Infrastructure Investment and Jobs Act. The amendment did ...
frequency and extent of political exchanges
Christine Trent Parker — an attorney at Reed Smith whose focus is on regulatory, enforcement and transactional matters related to cryptocurrencies — believes that retail customers want “the innovative financial products that are offered overseas, in the foreign exchanges. […] They see that and they want that and they’re going to go follow it wherever it is.” Many of those products aren’t unavailable in the U.S., and those that are accessible have no consumer protections. Parker is concerned t...
frequency and extent of political exchanges
Christine Trent Parker — an attorney at Reed Smith whose focus is on regulatory, enforcement and transactional matters related to cryptocurrencies — believes that retail customers want “the innovative financial products that are offered overseas, in the foreign exchanges. […] They see that and they want that and they’re going to go follow it wherever it is.” Many of those products aren’t unavailable in the U.S., and those that are accessible have no consumer protections. Parker is concerned t...
