Bitcoin’s allies in Congress, House Committee lauds cryptocurrency while denouncing Libra78

In a historic moment in Congress, pro-cryptocurrency representatives warned the House of Representatives of the “unstoppable” power of Bitcoin, calling for the United States to clarify regulations and seize the lead in blockchain innovation. Meanwhile, Facebook’s Libra continued to face relentless opposition.

David Marcus made his second appearance on Capitol Hill this week to testify before the House Financial Services Committee. In the hearing titled “examining Facebook’s proposed cryptocurrency and its impact on consumers, investors, and the American financial system,” Marcus attempts to make progress towards gaining regulatory approval for the Libra cryptocurrency.

Original source


Add comment

Please Sign in to be able to leave comments.