Arguing that “Bitcoin is neutral like cash,” Gladstein said “Most Americans may not yet grasp that financial privacy is just as important as communications privacy for our democracy—that your spending habits say more about you than your words.”
Last week, Yellen calmed some fears that arose after she said in her Jan. 21 testimony before the Senate Finance Committee that she wanted to “curtail” the “malign activities” that for which digital assets have been used.
Three-quarters of the survey participants said they view crypto payments as a viable alternative to traditional money transfer services, according to an announcement.
In a Jan. 18 announcement, the Biden Transition Team highlighted Gensler’s history of leading financial markets reform going back more than 20 years. This included two years as senior advisor to Sen. Paul Sarbanes (D-MD) in writing the Sarbanes-Oxley Act, a major financial reform bill that came in the wake of a number of major financial scandals, including Enron.
