Interest in the crypto economy continues to grow in Congress. On
September 25, 2018, Representative Warren Davidson (R-OH) hosted a
roundtable, "Legislating Certainty for Cryptocurrencies,"
with more than 50 financial institutions and crypto start-ups
invited to attend. Additionally, the House Financial Services
Committee has scheduled a hearing on financial innovation on
September 28, 2018, entitled Examining Opportunities for
Financial Markets in the Digital Era.
Last week, Representative Tom Emmer (R-MN), co-chair of the
Congressional Blockchain Caucus, announced his intention to
introduce three separate pieces of legislation regarding
distributed ledger technology. While the future of these
measures in Congress is uncertain, they represent a welcome
development in lawmakers' understanding of digital assets and
related issues.
