Despite a raging online debate discrediting the scale of crypto support for terrorist groups, the story continues to resonate in important places. Most recently on Thursday, the ranking Democrat at a hearing in the U.S. House of Representatives quoted a figure of $130 million in digital assets flowing to terrorists.
U.S. Lawmakers Urge IRS, Treasury to Hurry Crypto Tax Rules
Congressmen Brad Sherman and Stephen Lynch called the crypto industry “a major source of tax evasion” in a letter asking for the prompt release of proposed regulations.
US lawmaker blames ‘billionaire crypto bros’ for delayed legislation
The collapse of FTX has raised alarm bells across Washington D.C.
Congressman jokes about a Mongoose Coin: Now it exists
His speech inspired a bunch of mongoose-related tokens including Mongoose Coin, Son of Mongoose and Baby Mongoose.
Pro-crypto Congressman stacks, anti-crypto Congressman receives $100K from TradFi
Alabama congressman Barry Moore has snapped up ETH, ADA, and Doge over the past two months, but his holdings have taken a significant hit amid the crypto downturn.
Don’t Let the Crypto Circus in Congress Fool You
Washington understands cryptocurrency better than this week’s circus on Capitol Hill suggests, writes Michael J. Casey.
Congressman’s Call for Crypto Ban Sparks Social Uproar
In the span of a few hours, it became Crypto Twitter vs U.S. Representative Brad Sherman.
Crypto Is a ‘Crock’? Twitter Reacts to House ICO Hearing
Despite the overall measured tone of Wednesday’s House ICO hearing, a couple lawmakers’ comments set Twitter aflame.