Congressman Warren Plans To Regulate Cryptocurrency & ICOS

[PRIBO247]

"Warren Davidson, the U.S. representative from
Ohio's 8th congressional district, announced a
plan to regulate cryptocurrency and initial coin
offerings or ICOs through the federal
government."

http://www.rttnews.com/story.aspx?Id=2960349

This congressman from Ohio is planning to do what even SEC themselves could not achieve. I wish him luck with that!
Guys do you think he will succeed?

[ZionRTZ]

The guy is a politician. He probably does not have a deep understanding of cryptocurrencies and ICOs yet. We'll see how he does in a few months.

[laughingburger]

"Warren Davidson, the U.S. representative from
Ohio's 8th congressional district, announced a
plan to regulate cryptocurrency and initial coin
offerings or ICOs through the federal
government."

http://www.rttnews.com/story.aspx?Id=2960349

This congressman from Ohio is planning to do what even SEC themselves could not achieve. I wish him luck with that!
Guys do you think he will succeed?

Whether will he be able to achieve this i does not know, but if he can achieve this i suppose we will see 2 scenario which is increase of crypto adopters because of a safer market in the near future or a even lower volume in crypto as the news rules make trading crypto difficult.

[Zed0X]

It's all talk for now. He cannot do it alone.

I am more interested in what the leaders who attended the G20 Summit would do after reaching an agreement to solve issues on cryptocurrency tax.

[Annalise]

Question is : how do they plan to do that? Since cryptocurrency is a decentralized virtual currency and it's own central bank.
Is it possible for third party full control over cryptocurrency to the extent of regulating it.

[FinTech]

The guy is a politician. He probably does not have a deep understanding of cryptocurrencies and ICOs yet. We'll see how he does in a few months.

if it is true, then hopefully the submission fails to be approved, because if from the beginning the purpose of this regulation was submitted by people who have no knowledge at all related to crypto, this could be a disaster. Only politicians and high-ranking officials can benefit, for example, from crypto taxes, crypto fees, etc.

[aldenlim]

"Warren Davidson, the U.S. representative from
Ohio's 8th congressional district, announced a
plan to regulate cryptocurrency and initial coin
offerings or ICOs through the federal
government."

http://www.rttnews.com/story.aspx?Id=2960349

This congressman from Ohio is planning to do what even SEC themselves could not achieve. I wish him luck with that!
Guys do you think he will succeed?

If he really can do what he said it will be great for the cryptocurrency community, traders, and investors.
Because the number of fraudulent ICOs are really growing and this kind of activities should stop and one
of the solutions is to regulate and authenticate these people who are launching an ICO.

[Asebaby]

Am not against any regulations of the cryptocurrency because we investors are beginning to treat the market as a gambling platform,we buy and sell once there is a pump and pull all our money and CEO are also taking investors for granted.

[PRIBO247]

"Warren Davidson, the U.S. representative from
Ohio's 8th congressional district, announced a
plan to regulate cryptocurrency and initial coin
offerings or ICOs through the federal
government."

http://www.rttnews.com/story.aspx?Id=2960349

This congressman from Ohio is planning to do what even SEC themselves could not achieve. I wish him luck with that!
Guys do you think he will succeed?

If he really can do what he said it will be great for the cryptocurrency community, traders, and investors.
Because the number of fraudulent ICOs are really growing and this kind of activities should stop and one
of the solutions is to regulate and authenticate these people who are launching an ICO.

The beauty about cryptocurrency is its decentralized state. Once this is tampered with through regulations and all that stuff, the freedom crypto offers will no longer be there. How is that a good thing?

[Fenix]

"Warren Davidson, the U.S. representative from
Ohio's 8th congressional district, announced a
plan to regulate cryptocurrency and initial coin
offerings or ICOs through the federal
government."

http://www.rttnews.com/story.aspx?Id=2960349

This congressman from Ohio is planning to do what even SEC themselves could not achieve. I wish him luck with that!
Guys do you think he will succeed?

If he really can do what he said it will be great for the cryptocurrency community, traders, and investors.
Because the number of fraudulent ICOs are really growing and this kind of activities should stop and one
of the solutions is to regulate and authenticate these people who are launching an ICO.

The beauty about cryptocurrency is its decentralized state. Once this is tampered with through regulations and all that stuff, the freedom crypto offers will no longer be there. How is that a good thing?

There is no need to confuse decentralization in the sphere of cryptocurrency and anarchy. In the US, many government agencies see the legal status of cryptocurrency in different ways, and therefore each is trying to regulate it to the best of his competence at his discretion. As a result, even the ICO teams do not know who to obey and what contradictory instructions to carry out. Davidson does not consider cryptocurrency securities, and if his bill is adopted, the cryptocurrency will be taken out of the SEC subordination. And this is very good, since this body has a negative attitude towards cryptocurrency.
In addition, Davidson wants to apply the “light touch” rule in regulating ICO activities, which is exactly what we need. In general, you need to wish him good luck in his plans.

[MOProgress]

"Warren Davidson, the U.S. representative from
Ohio's 8th congressional district, announced a
plan to regulate cryptocurrency and initial coin
offerings or ICOs through the federal
government."

http://www.rttnews.com/story.aspx?Id=2960349

This congressman from Ohio is planning to do what even SEC themselves could not achieve. I wish him luck with that!
Guys do you think he will succeed?

Honestly I fully support regulations of crypto currency especially the OCO projects, the way ICOs a been used to scam people these days is getting too much, atleast if regulated, it will reduce the level of scam.

[gurunanakji777]

Definitely it will be a good move for cryptocurrencies and ICOs but It can not happen because of a person saying that unless a lot of people will not accompany him, he will not be able to do it alone. We don't know whether he will succeed or not because its not an easy task to regulate it without any oppose.

[Mut-coin]

Am not against any regulations of the cryptocurrency because we investors are beginning to treat the market as a gambling platform,we buy and sell once there is a pump and pull all our money and CEO are also taking investors for granted.

[ZionRTZ]

The guy is a politician. He probably does not have a deep understanding of cryptocurrencies and ICOs yet. We'll see how he does in a few months.

if it is true, then hopefully the submission fails to be approved, because if from the beginning the purpose of this regulation was submitted by people who have no knowledge at all related to crypto, this could be a disaster. Only politicians and high-ranking officials can benefit, for example, from crypto taxes, crypto fees, etc.

I know. That's why it is important to see what he will do next in the coming weeks or months. There's no problem with the idea but maybe he's just riding the crypto wave.

[Dinid]

If he is supported by goverment, why not ? It is possible.
Not him, but government (started by him as an initiator).
By the way, current cryptocurrency ico is not dezentralized as their jargon, but centralized (regulated) by ico team.