Here is the link to the live stream of Virtual Currencies: The Oversight Role of the U.S. Securities and Exchange Commission and the U.S. Commodity Futures Trading Commission hearing.
https://www.banking.senate.gov/public/index.cfm/hearings?ID=D8EC44B1-F141-4778-A042-584E0F3B9D39
I have not watched the whole thing but its at least good to know whats going on with cryptocurrencies these days and taking some action by regulating certain aspects of the cryptos and taking down all the scam coins out there that hurts the market long term.
I think there was some reasonable points, but it’s obvious our politicians don’t understand crypto fully. I’m hoping they hire the right people to educate themselves before passing any legislation.
At least they admit they do not fully understand but seems to want to give it a chance to understand it. :) And aware of the scams out there but some legitimacy as well. Lets see how this goes.
I’m excited for the future. I truly believe cryptos will change our current financial system for the better.