congress

Congress Fears US Is Losing Battle to Malware and Darkweb Cyberweapons

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In a May 28 virtual roundtable before the congressional Subcommittee on National Security, International Development and Monetary Policy, witnesses and congresspeople alike feared that they are not keeping up with criminals hacking the financial system. Criminals have better resumes than government agents One witness, Guillermo Christensen, a partner at law firm Ice Miller, admired the …

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In Congress, a New Bill Asks for Mass Survey of Blockchain Technology in the US

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On May 19, Representative Brett Guthrie (R-KY) introduced the “Advancing Blockchain Act.” Per a May 18 draft of the legislation obtained by Cointelegraph, the bill asks the Federal Trade Commission and the Secretary of Commerce to put together a new survey of blockchain’s uses and the state of adoption in the United States. Establishing jurisdictions …

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US Lawmaker Proposes Legislative Groundwork for National Blockchain Strategy

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A U.S. lawmaker wants the federal government to begin considering a national blockchain strategy. On Tuesday, U.S. House Rep. Brett Guthrie (R-Kent.) introduced a bill calling on the Federal Trade Commission (FTC) to survey the prevalence of blockchain technologies across industry, government and the globe. CoinDesk obtained a draft version of the bill, HB6938, which …

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Republican Congress members upset banks dropping support for fossil fuels

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Enlarge NOAA Last week, Republican House members sent a letter to President Donald Trump in which they decried banks’ recent re-evaluations of the risks of fossil fuel investments. While the letter doesn’t call for any particular action, it repeatedly mentions the assistance offered to banks via the Coronavirus Aid, Relief, and Economic Security Act 9 …

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US Congress Considers Blockchain-Based Voting Amid COVID-19

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A staff memo has revealed that the U.S. Congress is considering blockchain technology as a means for the Senate to conduct remote voting amid the coronavirus pandemic. The report states that blockchain may be deployed alongside end-to-end encrypted, or E2EE, applications to facilitate voting. The memo was composed after the Permanent Subcommittee on Investigations’ Roundtable …

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