Enter email to get Free News Emails

GOP Policy Arm Releases Paper Exploring Benefits, Risks of Crypto

Facebook
Twitter
LinkedIn
Pinterest
WhatsApp
Telegram

For just $2 per week

AUSTRALIAN NATIONAL REVIEW NEWS SUBSCRIPTION

Join now and receive a free 12-month Subscription to
TruthMed worth $495 USD for free

Opinion pieces don’t necessarily reflect the position of our news site but of our Opinion writers.

[cs_con]

You are not authorized to access this content

Subscribe now for access articles

GOP Policy Arm Releases Paper Exploring Benefits, Risks of Crypto

By Cheyenne Ligon

The paper signals that Senate Republicans are inching toward a more unified approach to crypto regulation.

The policy arm of U.S. Senate Republicans has issued a policy paper on crypto, signaling the GOP is making its way toward a more unified approach to crypto regulation.

The Senate Republican Policy Committee (RPC), chaired by U.S. Sen. Roy Blunt (R-MO), works to form legislative policy goals for the party, as well as provide research and analysis on a variety of subjects.

The short policy paper, titled “Cryptocurrency Goes Mainstream,” was published on April 7, and explores both the benefits and the “dark side” of cryptocurrency. While the paper touts the potential for crypto to “reduce transaction costs and speeds and to increase privacy,” it also calls attention to crypto’s role in “nefarious purposes” like ransomware attack payments, scams, speculation and drug trafficking.

Though nothing in the paper is new information, the paper itself is noteworthy because it demonstrates the development of a more cohesive Republican policy position on crypto. Senate Republicans have been, on the whole, more supportive of the crypto industry than Senate Democrats, but policy efforts have been sporadic.

Varying levels of crypto education have also been a challenge on Capitol Hill. While some lawmakers are crypto-savvy, others – as Sen. Ted Cruz (R-Texas) has claimed on multiple occasions – could not explain “what in the hell a cryptocurrency is.”

The RPC’s paper is a sign that those days could be numbered.

In President Joe Biden’s executive order on crypto issued last month, he called for a whole-of-government approach to crypto regulation – something the RPC’s paper notes.

“These objectives [in the EO] included protecting consumers, investors, and businesses and ensuring privacy; maintaining financial stability; and guarding against illicit uses such as money laundering and ransomware,” the report reads.

“The order also called for the U.S. to continue leading the development of digital assets and for promoting access to affordable financial services,” it adds.

Editor’s Note:

Start investing In cryptocurrency with Bitxchange www.bit-xchange.org. If you’re new to the world of crypto and figuring out how to buy cryptocurrencies, then cryptocurrency exchanges like Bitxchange can help you to easily buy and sell crypto.

Opinion pieces don’t necessarily reflect the position of our news site but of our Opinion writers.

*Note We Deliberately Miss Spell Some Words or Add Capital Letters To Get Around Big Tech Censoring.

Support the ANR from as little as $8 – it only takes a minute. If you can, please consider supporting us with a regular amount each month. Thank you.

Facebook
Twitter
LinkedIn
Pinterest
WhatsApp
Telegram

AUSTRALIAN NATIONAL REVIEW NEWS SUBSCRIPTION

Join now and receive a free 12-month Subscription to
TruthMed worth $495 USD for free

Subscribe for free to our ANR news emails and access 2 free ebooks plus Reports to share with family and friends about Covid fraud and the danger of the vaccines.

Help us help defend free speech and save democracy from the World Economic Forum planned Totalitarian Great Reset.

and help us expose the Covid Fraudsters

Leave a Reply

Your email address will not be published. Required fields are marked *

We will expose the Covid Crimes of our Governments. Will you help us ?

Play Video

McIntyre Report
Political Talk Show

Episode 161

Episode 161

Get our free News Emails on latest articles, alerts and solutions for both legal templates and ways to help fight back against the Globalists vax Mandates , and health resources to boost your immune system and ways to Protect from deadly EMF 5G radiation and more.

FREE E-BOOKS AND REPORTS ALSO

Documentary: Died Suddenly (2022)

How you can advertise on Truthbook.social

Help us help defend free speech and save democracy from the World Economic Forum planned Totalitarian Great Reset.

and help us expose the Covid Fraudsters

Ukraine. Military Summary And Analysis 23.01.2023

Raw Report

Ryan Jackson Saw show

in USD

in AUD

in GBP

in CAD

Jamie McIntyre

ANR on

Currency Exchange Rates in AUD

Live and updated every minute of the day

Nurses Speak Out

ANR Meme Report

with Nadine Roberts

Episode 002

21st Century Political System

Play Video

Editor's Pick

URGENT: JUST 7 DAYS REMAIN TO HELP SAVE INDEPENDENT MEDIA & ANR, SO LET'S CUT THE BS & GET TO THE POINT - WE WILL BE FORCED LAY OFF STAFF & REDUCE OPERATIONS UNLESS WE ARE FULLY FUNDED WITHIN THE NEXT 2 WEEKS - Sadly, less than 0.5% of readers currently donate or subscribe to us But YOU can easily change that. Imagine the impact we'd make if 3 in 10 readers supported us today. To start with we’d remove this annoying banner as we could fight for a full year...

X

Thank you for visiting the
Australian National Review

To continue accessing more articles for free simply enter your email address

Watch Full Documentary

Get access to TruthMed- how to save your family and friends that have been vaxx with vaccine detox, & how the Unvaxxed can prevent spike protein infection from the jabbed.

Free with ANR Subscription from $8

Download the Full PDF - THE COVID-19 FRAUD & WAR ON HUMANITY