Bitcoin, Bitcoin Cash and Ethereum go to Washington




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President Bob Goodlatte, R-Va., Directs a judicial committee of the House of the Police Act of 2017 in Rayburn Built May 17, 2018. (Photo by Tom Williams / CQ Roll Call)

Cryptocurrencies, that is to say bitcoin, bitcoin cash and ethereum, are becoming accepted in the halls of power in Washington DC – as highlighted by the Congressman and the president of the House Judiciary Committee & nbsp; Bob Goodlatte's encrypted holdings. & nbsp;

Goodlatte owns between $ 17,000 and $ 80,000 in cryptocurrency, according to its annual financial notice .

The deposit was made in May, in view of the new rules of the House Ethics Committee requiring members of the House to disclose their cryptocurrency property in the annual reports, in the same way they would reveal qu to any other resource.

The new rules also require regulators to report cryptocurrency transactions within 45 days, as indicated for other financial transactions.

Goodlatte's annual financial disclosure was archived on May 10th and includes its bitcoin, bitcoin money and ethereum holdings. clerk.house.gov

The son of Goodlatte, Bobby Goodlatte Jr., is reportedly an investor in cryptocurrency wallet supplier and exchange Coinbase, although details of Goodlatte Jr. Investments are not public.

Goodlatte is also a member of the Congressional Blockchain Caucus, co-founded by Congressman Jared Polis (who is also one of the richest democrats of with an estimated net worth of $ 122 million, according to the publication DC Roll Call.

People could take the news that another senior politician is investing in bitcoins and cryptocurrencies as a signal that cryptography in the United States is moving in favor of bitcoins

While some regulators and legislators have called for rules restrictive on digital currencies, there are several members of Congress who are the advocates of the sector.

The United States – which manages the second largest bitcoin volume per country, about 26%, according to Cryptocompare, is currently inconsistent in its definitions of bitcoins and other cryptocurrencies

The Securities and Exchange Commission has indicated that it considers the digital currency as a security, while the Comm odity Futures Trading Commission says bitcoin The IRS, meanwhile, claims that cryptocurrency is not actually a currency and defined it in 2014 as a property and issued a guide on how it should be taxed.

Investors hope that the owners of bitcoins and believers have made their Capitol Hill settlement clear, facilitating corporate and personal cryptography use.

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  bitcoin bitcoin cash ethereum price i mage

President Bob Goodlatte, R-Va., Directs a House Judiciary Committee on the Police Act of 2017 at Rayburn Building on May 17, 2018. (Photo by Tom Williams / CQ Roll Call)

Cryptocurrencies, that is to say bitcoin, bitcoin cash and ethereum, are becoming accepted in the halls of power in Washington DC – as demonstrated by the congressman and the president of the House Judiciary Committee the cryptic participations of Bob Goodlatte

Goodlatte owns between $ 17,000 and $ 80,000 in cryptocurrency, according to its annual financial disclosure

The deposit was made in May, in view of the new rules of the House Ethics Committee that they required members of the House to disclose their cryptocurrency property in annual reports, just as they would reveal any other activity.

The new rules impose an inference re lawmakers to report cryptocurrency transactions within 45 days, as indicated for other financial transactions.

Goodlatte's annual financial report was filed on May 10 and includes its bitcoin, bitcoin money and ethereum properties. clerk.house.gov

Goodlatte's son, Bobby Goodlatte Jr., is considered an investor in the cryptocurrency portfolio provider and exchanges Coinbase, although the details of Goodlatte Jr.'s investments are not public.

Goodlatte is also a member of the Congressional Blockchain Caucus, co-founded by Congressman Jared Polis (who is also one of the wealthiest Democrats with an estimated net worth of $ 122 million, according to the publication of DC Roll Call.

People could take the news that another senior politician is investing in bitcoins and cryptocurrencies as a sign that cryptography in the United States could move in favor of bitcoin.

While some regulators and legislators have called for restrictive rules on digital currencies, there are several members of Congress who are advocates of industry.

The United States – which manages the second largest volume of bitcoins per country, about 26%, according to Cryptocompare – is currently inconsistent in its definitions of bitcoins and other cryptocurrencies.

The Securities and Exchange Commission has indicated that it evaluates the digital currency as a security, while the Commodity Futures Trading Commission states that bitcoin is a commodity. The IRS, meanwhile, claims that cryptocurrency is not actually a currency and defined it in 2014 as a property and issued a guide on how it should be taxed.

Investors hope that bitcoin holders and believers approaching Capitol Hill regulations will be clarified, facilitating corporate and personal cryptography use.


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