• Sen. Kelly Loeffler has been in office three days and she still hasn't set up a press page. Doesn't she know that the most dangerous place in Washington is supposed to be between a member of Congress and a camera? (via @GovKemp)
    People,  Politics

    Kelly Loeffler Senate appointment win for cryptocurrency industry

    Industry analyst Mati Greenspan said the CEO of Bakkt will be ‘a friend of crypto’ in Congress as digital asset regulations are written

    Bakkt CEO Kelly Loeffler's appointment as a U.S. Senator for Georgia is "is really good news for crypto regulation in the United States,” Mati Greenspan, founder of Quantum Economics, told Modern Consensus.

  • Call in the experts: Jeremy Allaire of Circle, Rebecca Nelson of The Blockchain Association, and Mehrsa Baradaran of the University of California, Irvine School of Law before the U.S. Senate Banking Committee, July 30, 2019.
    Bitcoin,  Cryptocurrencies,  Libra,  Politics,  United States

    Analysis: Cryptocurrency experts tell Senate innovation requires regulation

    In the wake of Facebook’s Libra plan, a Senate Banking Committee hearing shows Congress getting serious about cryptocurrency regulation

    A week after the U.S. government’s inaction on cryptocurrency regulation drove Jeremy Allaire to move most of his company out of the U.S., the Circle chairman and CEO told congress why.

  • U.S. Senator Sherrod Brown (D-OH). Caricature by DonkeyHotey (Flickr.com/photos/DonkeyHotey)
    Libra,  United States

    Sen. Sherrod Brown leads attack on Facebook’s David Marcus during Libra hearing

    The Ohio Democrat led a senatorial gang-up on the social media executive during his testimony before the Senate Banking Committee

    Facebook is in for a rough ride with its Libra cryptocurrency project. If that wasn’t clear from the president’s anti-cryptocurrency Tweets last week and Treasury Secretary’s comments on Monday that they are “a national security issue,” it was very obvious after the Facebook executive spearheading its Libra payment system was treated like a bipartisan punching bag in a hearing before the U.S. Senate Banking Committee on July 16.