US Senate to discuss bitcoin risks with top markets regulators, source says

download

Image result for US Senate to discuss bitcoin risks with top markets regulators, source says

(Jan 11): The U.S. Senate will next month hold a hearing with the country’s top markets regulators to discuss the risks posed by cryptocurrencies such as bitcoin, a person with direct knowledge of the matter told Reuters.

The Senate Committee will take testimony from Commodity Futures Trading Commission Chairman Christopher Giancarlo and Securities and Exchange Commission Chairman Jay Clayton in early February, the source said.

The hearing comes amid heightened concerns over a bubble in the bitcoin market after the currency soared to record highs of more than $19,000 in December, only to slump more than 28
percent.



 

Source: The Edge Markets






Comments are Closed