Bitcoin is barely regulated -- and these congressmen want to keep it that way
Bitcoin industry representatives descended on Capitol Hill on July 29 to trumpet the cryptocurrency to any staffers who would listen. Not many, though, were listening. Although a morning briefing on the issue drew several dozen Hill staffers, attendance was sparse at an educational evening tabling event.
While the events were billed as strictly educational, their agenda was clear: to encourage legislators to continue their laissez-faire approach to regulating the virtual currency. Reps Bob Goodlatte (R-VA), Mick Mulvaney (R-SC), and Jared Polis (D-CO) appeared to be sympathetic.