‘Most of my colleagues don’t have a deep understanding of cryptocurrencies’

With the incredible volatility in cryptocurrency markets in recent weeks, lawmakers might be watching the price moves like everyone else, but aren’t likely to act anytime soon, predicts one Representative.

“Most of my colleagues don’t have a deep understanding of cryptocurrencies,” Rep. Jim Himes (D., Conn.) said diplomatically in an interview with Yahoo Finance Friday.

“So, for better or for worse, there’s not going to be legislation passed out of the United States Congress anytime…


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