Dissecting The March 14th US Senate ICO Hearing: What Do Policy Makers Really Say?
Disclaimer: This is not financial advice. I am not a financial advisor. What follows is my personal, subjective, biased opinion.The News
On March 14th, the Subcommittee on Capital Markets, Securities, and Investment of the US Congress held a hearing titled “Examining the Cryptocurrencies and ICO Markets,” where part of the 115th Congress got together with four witnesses, to discuss regulation of cryptocurrency.
The discussion lasted for about two hours.
The Facts
The Subcommittee consists of 29 Congressmen and -women from various state, as well as the Chairman, Bill Huizenga. Each member is allotted a certain time to ask questions and talk to the witnesses.
The four witnesses included Coinbase’s Chief Legal and Risk Officer, a law professor, a partner at one of California’s biggest law firms, which represents Amazon, Google, Twitter, Tesla, and a host of other tech companies, and the research director of…
