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RE: Summary of Virtual Currency Senate Hearing

I was curious to see how this would turn out, but was out all morning and just got back to the house. Thanks to you my initial research is done. It sounds like not much has changed in the opinions/outlooks of either the SEC or CFTC. This is all what they've already said, and now they've gone and said it to the Senate Banking Committee. It is decidedly pro-crypto, and that's a good thing.

I'm surprised they didn't touch on the issue of exchanges and how to regulate them, especially as I've read that some exchanges are actually registered as "payment services" and as such aren't directly under the oversight of either the SEC or the CFTC.

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There's still much to do, but this is great news.