The US Senate begins to pay much more attention to cryptocurrency . Next week there will be an open hearing on regulatory issues for the blockchain industry and technology .
A hearing entitled “Learning the regulatory framework for digital currencies and the blockchain” will be held on July 30th. Issues on the agenda have not yet been disclosed to the public, but some facts are already known. For example, the event will be visited by the head of the American cryptocurrency company Circle Jeremy Ellir. In addition, you can watch the hearing online.
The hearing will be held by the Senate Banking Committee, which means that they will most likely talk about the potential threats of digital currencies both in terms of illegal financial activities and in terms of possible damage to the dollar.
The attention of the Senate to cryptocurrencies has increased significantly, and the reason for this lies in the imminent release of the digital currency Libra . Up to this point, the US authorities have not seen any particular threat in cryptocurrencies, but the arrival of one of the world's largest players on the market has changed their approach.
Now, at an urgent pace, they are trying to understand what they are to do, and one reasonable question arises: what did they do before, when the more far-sighted governments studied digital currencies and blockchain? Most likely, the US authorities are so embarrassed about the eternal domination of the dollar that they themselves believed it, and everything else seemed insignificant.
Publication date 07/26/2019
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