Wednesday, February 07, 2018 10:13:37 AM
CRYPTOCURRENCY SENATE HEARING WITH THE SEC & CFTC WAS NET BULLISH
The 2 super heros in our government happen to be seated as the The Honorable Jay Clayton, Chairman, U.S. SEC (Securities and Exchange Commission); and The Honorable J. Christopher Giancarlo, Chairman, U.S. CFTC (Commodity Futures Trading Commission).
And this Tuesday morning was the Senate Cryptocurrency hearing was with the SEC, CFTC (Commodity Futures Trading Commission to discuss a very wide range of all things Bitcoin, cryptocurrency trading, & ICOs. I am very bullish on the entire tone of how the hearing & I think we can draw enough evidence from the meeting notes alone that America is in support of blockchain expression & growth. That's not to say with a carte blanche attitude...but overall the meeting was very bullish.
"We must crack down hard on those who abuse our young enthusiasm for bitcoin and blockchain technology"
"We owe it to this new generation, to respect their interest in this new technology with a thoughtful regulatory approach." - Christopher Giancarlo, Chairman, U.S. CFTC
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