May 10, 2019 @ 4:43 pm By Cali Haan  |  

Congressman Brad Sherman, a Democrat who represents a Southern California District in the San Fernando Valley, has called on fellow congressional reps to ban cryptocurrencies. He asks that they do so on the basis that cryptocurrencies’ “sole” application is for the undermining of the rule… Read More

October 13, 2018 @ 6:50 pm By JD Alois  |  

Congressman Brad Sherman is well known for his anti-crypto perspective having attacked digital currencies during Congressional hearings. Modulus CEO Richard Gardner recently challenged Representative’s Sherman opinion pointing to a statement emanating out of Kenya. Bitange Ndemo, Chairman of the Taskforce on Distributed Ledgers and Artificial Intelligence… Read More

October 11, 2018 @ 3:59 pm By JD Alois  |  

Congressman Brad Sherman has been one of the most outspoken critics of the crypto / blockchain sector. Granted, many elected officials are sitting on the fence as to what, if anything, they should legislate to facilitate, or curtail, the emerging crypto sector. Just this week,… Read More

September 25, 2018 @ 10:48 pm By JD Alois  |  

The Crypto Invest Summit (CIS) is out with an update on their forthcoming event next month. CIS has partnered with Consensys and Token Foundry to educate cryptocurrency and blockchain investors as well as developers. At the event, CIS will introduce a “Builders’ Track,” designed to specialize… Read More

July 22, 2018 @ 3:13 pm By JD Alois  |  

Last week the subcommittee on Monetary Policy, part of the powerful House Financial Services Committee, held a hearing entitled “The Future of Money: Digital Currency.” This is not the first Congressional committee to tackle this emerging sector of Fintech and there will certainly be many more… Read More

May 25, 2018 @ 3:42 pm By JD Alois  |  

Last week, while New York City saw thousands of cryptocurrency enthusiasts discuss the benefits of digital assets and blockchain, a House Financial Services subcommittee reviewed initial coin offerings with the leaders of the Securities and Exchange Commission (SEC) Enforcement Division. The Congressional Hearing provided a… Read More

July 13, 2016 @ 9:15 pm By JD Alois  |  

  Do Online Lenders Benefit from Regulatory Arbitrage? Yesterday (July 12), the subcommittee on Financial Institutions and Consumer Credit (part of the House Financial Services Committee) hosted an educational hearing on Fintech and Marketplace Lending. The meeting saw the participation of several industry executives including… Read More