Bitcoin is a controversial matter, that is not exactly news. But the issue becomes even worthier of analysis when a personality like the United States senator Joe Manchin says cryptocurrency should be banned for good. In a letter addressed to the Treasury, Federal Reserve and multiple financial regulatory agencies, the Democrat publicly admitted he considers BitcoinRead More Joe Manchin-Senator Manchin also demands a complete ban on bitcoin and other cryptocurrencies. Democrat from West Virginia asked Federal Regulators for a complete prohibition on bitcoin use in an official letter that he sent. There is a fresh debate going on in the US house about cryptocurrency and its regulations. What would be the end result ... Some explicitly accuse Bitcoin of attracting criminals and, of being “highly unstable and disruptive to our economy,” as put forward by Senator Joe Manchin. Others have already pronounced ... In 2016, Senator Joe Manchin wrote to then-Treasury Secretary Jack Lew, and (then) Federal Reserve Chief Janet Yellen calling for a ban on Bitcoin due to “illegal activity” and the “inherent volatility” of the coin. Speaking at the demonstration will be Congressman Jared Polis (D-CO), an entrepreneur himself who is known to be bitcoin-friendly and who once wrote a humorous reply to his colleague Senator Joe ... The Bitcoin Foundation decided to write a letter addressed to the United States senator Joe Manchin, who recently said Bitcoin should be banned in the country. The controversial statement was part of another letter, this one sent by the senator to the Treasury, Federal Reserve and multiple financial regulatory agencies and fermented numerous reactions from differentRead More Back in 2014, the then-Congressman called for a ban on the U.S. Dollar in a satirical response to a letter from Senator Joe Manchin (D-WV), who called for a Bitcoin ban. Polis was also a co-founder of the Congressional Blockchain Congress, which is described as being dedicated to “[…] the advancement of sound public policy toward blockchain-based technologies and digital currencies.”
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