Everything You Need to Know About the Congressional Cryptocurrency Hearing

Everything You Need to Know About the Congressional Cryptocurrency Hearing

6 years ago
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https://motherboard.vice.com/en_us/article/qveg3p/financial-services-congressional-hearing-ico-cryptocurrency-regulation

Cryptocurrencies: Suited-up dudes at the bar won’t stop talking about them and neither will Congress.

During a Wednesday morning Financial Services Committee hearing focusing on cryptocurrencies and Initial Coin Offerings (scam-prone crowdfunding campaigns where investors purchase digital tokens from a startup), lawmakers peppered experts and industry insiders—including Coinbase chief legal and risk officer Mike Lempres—with questions covering topics ranging from white supremacists to the risks inherent in investing in Initial Coin Offerings.