Crypto Industry Leaders Invited to Capitol Hill Forum on ICO Regulation in September

 

 

 

Ohio Republican Representative Warren Davidson has reportedly invited cryptocurrency industry leaders and other interested parties to Capitol Hill on September 25, to participate in an ICO regulatory forum.

An invitation has been extended to “32 industry leaders, lobbyists, and nonprofits” according to a report from Axios, which obtained a copy of the invitation list. The forum is intended to bring participants together to discuss options for a minimalist “light-touch” approach to regulating initial coin offerings.

Axios reports that the invitees include various digital currency companies, cryptocurrency and traditional securities exchanges, and venture capital companies currently invested in crypto. Those companies and individuals include many well-known names like Ripple, Kraken, Nasdaq, CME Group, and Andreesen Horowitz.

Congressman Davidson has reportedly been consulting with the Securities and Exchange Commission on the issue of ICOs:

Rep. Davidson's office has been having conversations with the SEC about his plans, according to an aide, though the agency and its chairman's positions on the forum and bill are unclear. The SEC did not immediately respond to a request for comment.

The nation’s lawmakers held their first formal hearing on ICOs in March. The September forum could help Congress learn more about initial coin offerings and other aspects of the digital currency and blockchain revolution, as policymakers continue to work toward a greater understanding of the nascent industry.

Author: Ken Chase

Freelance writer whose interests include topics ranging from technology and finance to politics, fitness, and all things canine. Aspiring polymath, semi-professional skeptic, and passionate advocate for the judicious use of the Oxford comma.

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