The Noose Tightens? US Senate Meeting ... - Bitcoin Insider

In case you missed it: Major Crypto and Blockchain News from the week ending 12/14/2018

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The US Senate House Committee on Banking, Housing, and Urban Affairs began its meeting specifically about cryptocurrencies at 10 AM EST on 30th July 2019. The title of the hearing was – Examining Regulatory Frameworks for Digital Currencies and Blockchain. The Chairman of the Committee, Mr. Crapo, conducted the meeting. The three panelists were split CRYPTO MARKETS. The digital dollar murmurs put a charge in bitcoin Monday, as prices rose 15% in a 24-hour period, peaking just short of $7,000. The momentum died down as bitcoin traded in a ... The United States Senate Committee on Banking, Housing, and Urban Affairs hosted a hearing today, July 30, 2019, on cryptocurrency and blockchain regulation. This is the third in a recent spate of cryptocurrency-specific hearings in Congress, which began two weeks ago with Libra’s rounds in both the U.S. House of Representatives and the Senate. ... The prices of bitcoin and gold have reached a monthly average correlation of 70%, an all-time-high, according to data analytics firm Skew. The previous Sudden government actions in major Bitcoin trading hubs stand to disrupt the market, with the potential to severely affect the utility of bitcoin — and accordingly, the value. Are you worried that the upcoming Senate Banking Committee meeting will lay the cornerstone for increased Bitcoin regulation? Let us know in the comments below. Sudden government actions in major Bitcoin trading hubs stand to disrupt the market, with the potential to severely affect the utility of bitcoin — and accordingly, the value. Are you worried that the upcoming Senate Banking Committee meeting will lay the cornerstone for increased Bitcoin regulation? Let us know in the comments below. On February 6th, 2018, the Senate created a forum to discuss cryptocurrencies in a meeting titled, “Virtual Currencies: The Oversight Role of the U.S. Securities and Exchange Commission and the U.S. Commodity Futures Trading Commission.” This meeting had been long anticipated by the community, with many speculating that this session could be a “make or ...

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