The dedicated office would oversee “all non-defense related deployment and activities related to blockchain technology within the Federal Government.”
As many in the crypto industry have said, 15 days over the holidays is just not enough time to respond.
Congressman Davidson, in particular, sees potential Treasury action as a bad idea for everybody involved.
U.S. lawmakers asked the SEC and FINRA to clarify how crypto firms can become registered broker-dealers and provide custody services for crypto assets.
But the bill is unlikely to become law any time soon.
Speaking before Congress, OCC head Brian Brooks describes the importance of digital asset innovation and the private sector.
Technology could hold the keys to identity theft protection.
The Antitrust Subcommittee looks for new legal tools to rein in Apple, Amazon, Facebook and Google — a clear opening for tech tools built to decentralize.
Maybe one day, drawing distinctions between crypto and traditional finance will seem quaint.
The two bills will now go to the House of Representatives for a vote.