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Tag Archives: Senate

SEC Chairman Expresses ‘Optimism’ About DLT Investment Opportunities in Senate Testimony

United States Securities and Exchange Commission (SEC) chairman Jay Clayton has said this week that he is “optimistic” that developments in distributed ledger technology (DLT) can “help facilitate capital formation.” Speaking as part of a testimony before the U.S. Senate Committee on Banking, Housing, and Urban Affairs — published on the SEC website Dec. 11 — Clayton added that DLT ...

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Australian DTA Tells Senate There is Better Technology Than Blockchain

Australia’s Digital Transformation Agency (DTA) has told the Senate that there is better technology for every use of blockchain considered today. The agency received AU$700,000 from the Australian 2018-19 Budget to explore blockchain for efficient government services purposes. Australian Government to Launch Blockchain Applications In May, the DTA was sent on a mission to look for use cases across the ...

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Notes from the Senate Floor

Normally, there is very limited room for drawing legitimate comparisons between a Senate hearing and an Mixed Martial Arts (MMA) fight. Yet the hearing entitled “Exploring the Cryptocurrency and Blockchain Ecosystem,” which took place on October 11, 2018 on the US Senate’s Committee on Banking, Housing & Urban Affairs’ floor, definitely bore quite a few similarities to a hyped sporting event ...

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Roubini Faces Off With Coin Center’s Van Valkenburgh at Senate Hearing

Nouriel Roubini, an economist best known for his predictions of the 2008 housing bubble, and Peter Van Valkenburgh, Coin Center’s director of research, testified before the U.S. Senate Committee on Banking, Housing and Community Affairs in a hearing on cryptocurrency and blockchain on October 11, 2018. “We need to sort through the static,” said Banking Committee Chair Idaho Republican Mike ...

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Senate Hearing Breaks Down His Arguments

The United States Senate Committee on Banking, Housing, and Urban Affairs held an informational hearing today titled “Exploring the Cryptocurrency and Blockchain Ecosystem.” The speakers included Dr. Nouriel Roubini, Professor of Economics and International Business, New York University Stern School of Business; and Mr. Peter Van Valkenburgh, Director of Research, Coin Center. Both gave testimonies on their stances on cryptocurrencies, followed ...

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Senators and Industry Insiders Weigh in on Crypto in Senate Hearing

During a U.S. Senate Committee on Banking, Housing, and Urban Affairs hearing earlier today, senators and crypto industry experts commented on the industry at large. As you might expect from a hearing on such potentially disruptive technologies, a variety of different views were expressed, both positive and negative. Senate Banking Committee Hears of Innovative Potential, Market Manipulation, and Crypto Criminality Taking ...

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5 Highlights from Bitcoin-Bashing NYU Economist’s Senate Testimony

This morning, the U.S. Senate Committee on Banking, Housing, and Urban Affairs is holding a hearing on cryptocurrency and blockchain technology, featuring testimony from New York University economist Nouriel Roubini. Roubini, as CCN reported, has been bashing bitcoin since before most of the mainstream public had become familiar with the terms “cryptocurrency” and “blockchain,” and — true to form — ...

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U.S. Senate Candidate Signs Clemency Petition For Ross Ulbricht

Silk Road founder Ross Ulbricht is currently serving a double life sentence plus 40 years for his role in operating the infamous Silk Road website. Ulbricht is not eligible for parole. He is currently imprisoned at the high-security United States Penitentiary, Florence High, in Colorado. In August, Maine State Senator and current U.S. Senate Candidate Eric Brakey tweeted how Ulbricht ...

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Bitcoin Lobbyist, ‘Dr. Doom’ to Square Off in Senate Blockchain Hearing

The U.S. senate Committee on Banking, Housing, and Urban Affairs is set to have a full committee hearing on Oct. 11 entitled “Exploring the Cryptocurrency and blockchain Ecosystem.” At the upcoming hearing, the two witnesses currently scheduled are Coin Center Director of Research Peter Van Valkenburgh, and New York University Professor Nouriel Roubini. Roubini, a noted economist, is well-known for his ...

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