ABSTRACT

Cryptocurrencies: Oversight of New Assets in the Digital Age, Hearing Before the Committee on Agriculture, House of Representatives, One Hundred Fifteenth Congress, Second Session, July 18, 2018   [open pdf - 822KB]

This is the March July 18, 2018 hearing on "Cryptocurrencies: Oversight of New Assets in the Digital Age," held before the U.S. House of Representatives Committee on Agriculture. From the opening statement of Michael Conaway: "Digital assets like Bitcoin and Ether, but also hundreds of other token-based projects that are being developed, represent a new way for people to interact and exchange in commerce with one another. While digital assets are often thought of as 'payment systems' or 'digital gold,' I believe the promise that token networks hold is more universal and more exciting, quite frankly, than that. For the first time, we have a tool that enables individuals to reliably exchange value in a digital realm without an intermediary. We can have assets that exist and can be created, exchanged, and consumed in digital form. The promise of being able to secure property rights in a digital space may fundamentally change how people interact with one another. This technology holds the potential to bring enormous benefits to each of us, if we are willing to give it the space to grow." Statements, letters, and materials submitted for the record include those of the following: Joshua A.T. Fairfield, Amber Baldet, Scott Kupor, Daniel Gorfine, Gary Gensler, and Lowell D. Ness.

Report Number:
Serial No. 115-14
Publisher:
Date:
2018
Copyright:
Public Domain
Retrieved From:
Government Publishing Office: https://www.gpo.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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