Tag Archives: brad sherman

Satoshi Nakamoto is the pseudonymous creator of bitcoin, the world’s number one digital currency by market cap. Everyone in the crypto community has admiration for this man (or woman). They see him (or her) as the revolutionary creator of an asset that could change the way the world does finance, but according to Brad Sherman – a congressional democrat from California – Nakamoto is a fraud and not very innovative. Brad Sherman Isn’t a Crypto Fan In a recent...

Brad Sherman – a cryptocurrency skeptic and congressman – says crypto billionaires are largely responsible for the fact that digital asset regulation has taken so long to arrive. Brad Sherman Wants Regulation NOW In a recent interview, Sherman said that the collapse of the leading exchange FTX in mid-November is reason enough to get the ball rolling on digital currency regulation. He mentioned: The collapse this week of one of the largest cryptocurrency firms in the...

About a week ago on Thursday the 19th of September, the Committee on Financial Services scheduled Tuesday 24th, as the day for a Congress crypto hearing. Tagged “Oversight of the Securities and Exchange Commission: Wall Street’s Cop on the Beat”, the hearing was arranged to discuss several crypto-related issues including the SEC’s regulation of the sector, Exchange-Traded Funds (ETFs), Facebook’s Libra, and also a possible categorization of digital assets as official securities.The hearing...