According to a Reuters report, these federal lawmakers have cultivated enough appetite for their own law, that this is the only thing that can be done. This White House cannot believe that it is in the U.S. Soon will soon follow the Cryptocurrency Regulation
website https://www.ccn.com/
And which, despite its differences on several legislative matters, supports the implementation of new rules for the use of regulated cryptocurrency. It is the political spectrum that cites many Congress MPs.
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The white house may not believe that US lawmakers soon will be engaged in cryptocurrency regulation, but Federal lawmakers show interest in establishing relevant norms of laws.
Several members of Congress from different parties, despite their disagreements on many legislative issues, support the introduction of new rules for the regulated use of cryptocurrencies.
"Many people don't realize that there's nothing to support these virtual currencies," said Carolyn Maloney, a member of the democratic party working for the House's financial services Committee (HFSC), Carolyn Maloney.
"We need to carefully examine all cryptocurrencies and make sure that individual investors do not suffer," added Republican Thomas MacArthur, a member of the HFSC Committee.
Even congressmen who are part of the house Freedom Caucasus – the most libertarian and anti-regulatory group in Congress, said that they are open in order to eliminate the alleged threats of cryptocurrencies.
"I am a supporter of the free market, so I do not want to regulate anything," — said the Republican representative Dave Brat (Dave Brat), a member of the group house Freedom Caucasus. "But if it is a currency that can destabilize the entire economy,
she needs to be looked at."
These comments followed several high-profile congressional Committee hearings in which the chairmen of the securities Commission (SEC) and the commodity futures trading Commission (CFTC) testified that they were open to new Federal rules on cryptocurrency regulation. At the same time, representatives of financial regulators believe that these rules should be "carefully adapted" to the specific gaps in the current regulatory framework.
One of the last meetings the Chairman of the SEC, Jay Clayton (Jay Clayton) confirmed that the main interest of his Agency is to oversee the initial proposals of the coins (ICO), most of which, according to him, violates the rules of application of the Federal securities. The Chairman CFTC John. Christopher Giancarlo (J. Christopher Giancarlo), meanwhile, expressed the view that it would be a serious excess of the mandate of his Agency for the control of cryptocurrency markets, which is still largely regulated in the United States at the state level.
"SEC is the proper leader on this issue," concluded Republican bill Huizenga, Chairman of the Subcommittee on financial services. "Six months ago we did not see this explosion. The market has changed."
However, this bipartisan agreement contrasts with the recent comments of White house cybersecurity official Rob Joyce (Rob Joyce), who said last week that the government is still studying this issue, but is unlikely to engage in the creation of a new regulatory framework in the near future.
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