Members of Congress were much more demanding of Facebook blockchain chief David Marcus than were Senators the day prior with both Libra and Bitcoin being spoken about. Facebook’s foray into the radical new world of decentralized ledges has arouse…
Congress savaged Facebook’s cryptocurrency Libra during a two-day Congressional hearing this week. But Rep. Warren Davidson (R-Ohio) saved the best, and most brutal, comment for the end: “There’s bitcoin, and then there’s shitcoin.” His statement revea…
A pro-bitcoin lawmaker is furious that the United States is taking a “third-world, developing-economy approach” to cryptocurrency regulations, thanks to the lax SEC and the bumbling Congress. Republican Congressman Warren Davidson warns that the legislative foot-dragging is putting the United States at a competitive disadvantage in the burgeoning crypto market. So he says the SEC […]
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Warren Davidson, arguably crypto’s best friend in Congress, reintroduced the Token Taxonomy Act yesterday. He originally introduced the bill alongside Florida representative Darren Soto last year. It never made it to a vote before the 115th Congress, but Davidson has decided to reintroduce in a Democrat-controlled 116th. The new bill already differs slightly from the original, and lawyer Jake Chervinsky says it might have more changes to come: The Token Taxonomy Act has been re-introduced in the U.S. Congress. This is the first step in a very long legislative process: the final bill could end up quite different from today’s
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Crypto attorney Jake Chervinsky doesn’t believe that a bill to exempt cryptocurrencies and ICOs from US securities law will be approved anytime soon. He cited the bureaucratic inefficiency of Washington as a key reason for his pessimistic outlook…
Yesterday, US Rep. Warren Davidson (R-OH) stated in an interview with NPR that blockchain technology could potentially be used as a means to fund the border wall that has become little more than a political football in Congress, with President Donald T…
Republican Congressman Warren Davidson, an avowed bitcoin adn blockchain fan, plans to introduce federal legislation that will regulate initial coin offerings (ICO) and cryptocurrencies. The bill would create an “asset class” for tokens, which would pr…
Now that Bitcoiner Jared Polis has left Congress for the Colorado Governor’s Mansion, support both moral and material for the crypto industry in Washington, DC may be seen as lacking. While it is largely unelected bureaucrats who rule the financi…
More than 50 stakeholders from the cryptocurrency and finance industries this week met with U.S. lawmakers in Washington to discuss the future of blockchain regulations in the country. The roundtable, which took place at Capitol Hill at the behest of R…
A U.S. Congressman has invited 32 cryptocurrency industry organizations to Capitol Hill to discuss initial coin offering (ICO) regulation. Axios reports that the summit, sponsored by Rep. Warren Davidson (R-OH), will take place on Sept. 25 and feature …
US Rep. Warren Davidson (R-OH) said a “light touch” regulatory framework is needed for the initial coin offering (ICO) market during a CNBC “Squawk Box.” interview. Davidson is a member of the House Financial Services Committee of the House of Represe…