Congress's Secret Crypto Fans Will Now Have to Reveal Themselves

Discussion in 'Crypto Assets' started by johnarb, Jun 21, 2018.

  1. johnarb

    johnarb

    https://www.bloomberg.com/news/arti...rypto-fans-will-now-have-to-reveal-themselves

    U.S. House members were advised this week that they must publicly reveal any digital token holdings worth more than $1,000, according to a June 18 memo issued by the House Ethics Committee. Lawmakers should include such investments in their annual financial disclosure reports, and also reveal any cryptocurrency sales or purchases that exceed $1,000 within 45 days of the transaction, the memo said.

    The ethics guidance means the public will soon learn whether members of Congress are among those who’ve been drawn to what’s become a global investment craze. Bitcoin, the most valuable cryptocurrency, was initially embraced by those who were distrustful of banks and government control over monetary policy. But its meteoric rise last year brought the token to the mainstream and has even made digital coins a focus of congressional hearings.
     
    itspossible likes this.