The world’s first investment fund that focuses solely on the virtual currency bitcoin is bringing some lobbying muscle to Washington. Falcon Global Capital director Brett Stapper filed paperwork to. MasterCard lobbying on digital currency bitcoin By Julian Hattem - 04/29/14 PM EDT 8 MasterCard is paying lobbyists to focus on the growing digital currency bitcoin, according to federal. Jun 26, · AML Bitcoin Founder Claims DC Lobbyist Jack Abramoff, US Government Are ‘Extorting’ Him The founder of the AML Bitcoin project claims the U.S. government is “extorting” him after he was indicted on.
Bitcoin lobbyingAML Bitcoin Founder Claims DC Lobbyist Jack Abramoff, US Government Are 'Extorting' Him - CoinDesk
I am the victim of government corruption and we will fight this. He said the regulator did not respond. Representative Dana Rohrabacher R-Calif. Subscribe to Blockchain Bites , our daily update with the latest stories. Read more about Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies.
CoinDesk is an independent operating subsidiary of Digital Currency Group , which invests in cryptocurrencies and blockchain startups. Year in Review MasterCard is paying lobbyists to focus on the growing digital currency bitcoin, according to federal lobbying disclosure records. The payment giant is the first company to officially lobby on the virtual currency, according to federal disclosure records. The bitcoin company Xapo is working with banks on a bitcoin debit card that uses MasterCard and Visa networks, but MasterCard said on Tuesday said that it had no relationship with the company.
Bitcoins have been controversial on Capitol Hill, where some lawmakers have viewed them skeptically and Sen. Still, others have been quicker to embrace them. Jared Polis D-Colo. Bitcoins only exist online and can be used relatively anonymously, which has invited drug dealers, money launders and other would-be criminals to see the money as a favorable way to hide their profits.
Defenders counter that the currency is no more risky than cash, but say it has the potential to revolutionize the way people pay for things.