The cryptocurrency industry is increasing its lobbying presence in Washington as it attempts to ease concerns from Congress and regulators about digital currency’s volatility, environmental impact and role in recent hi
/PRNewswire/ The American Financial Exchange (AFX), an electronic exchange for direct lending and borrowing for American banks and financial institutions,.
When federal regulators late last year accused one of the world’s most popular cryptocurrency platforms of illegally selling $1.38 billion worth of digital money to investors, it was a pivotal moment in efforts to crack down on a fast-growing market and in the still-nascent industry’s willingness to dive deeply into the Washington influence game. The company, Ripple Labs, has enlisted lobbyists, lawyers and other well-connected advocates to make its case to the Securities and Exchange Commission and beyond in one of the first big legal battles over what limits and requirements the government should set for trading and using digital currency.
Digital Dollar Project to Launch Pilot Programs to Explore Designs and Uses of a U S Central Bank Digital Currency streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.