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Congress hearing on cryptocurrency and ICOs scheduled for March 14


Digital currencies and initial coin offerings will be reviewed by the Congress in the United States on 14 March 2018, as announced in the memorandum recently published on the official website of the Financial Services Committee.

The representatives of Coinbase and Coin Center among with other experts will explain the working properties of the cryptocurrency market to the Subcommittee on Capital Markets, Securities, and Investment. This subcommittee is a part of the U.S. House of Representatives Financial Services Committee.

Coindesk, a prominent cryptocurrency-related media outlet, has managed to ask one of the participants of the upcoming event who told that this hearing is aimed to improve the knowledge of state officials on the topic.

As other recent news messages tell, the special task force formed of the members of the FBI, the Marshals Service and the Drug Enforcement Agency will also educate the American officials on the world of cryptocurrency, but quite obviously, more on its dark side.

All in all, one can witness how cryptocurrency became a hot topic in the governmental issues in comparison to summer last year. It is not a part of the presidential agenda (at least yet), but now even the President himself is updated of the market and its problems, as once noted by one of his representatives.


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