27 Feb '17, 10pm

What the New Congressional Caucus Could Mean for Bitcoin

In a move that raised eyebrows among tech policy advocates, Reps. Jared Polis (D-Colo.) and David Schweikert (R-Ariz.) officially launched the Congressional Blockchain Caucus in early February. First announced in September of 2016 , this bipartisan working group will target the policy advancement of blockchain-oriented technologies and digital currencies. In an official statement, Polis expressed his optimism about this next step for the caucus: “Blockchain [technology] has the potential to transform the 21st century economy,” Polis said. “Lawmakers need to understand that as the world rapidly changes, it’s our responsibility to ensure that we craft policies and adapt laws that match our ingenuity. Blockchain [technology]’s potential to reshape everything from the financial industry, to supply chains, to cybersecurity, to healthcare is something we should embrace. I look f...

Full article: https://bitcoinmagazine.com/articles/what-new-congression...

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