Lawmakers Bash Bitcoin At Hearing; Rep. Sherman Calls It A 'Crock'
American lawmakers were highly skeptical about the digital currency community during a House Financial Services subcommittee hearing on cryptocurrency and Initial Coin Offerings, with one of them calling the softmoney "a crock". The hearing was held a week after the U.S. Securities and Exchange Commission said there were potential unlawful online trading platforms for trading digital assets.
Source: RTTNews