Although China, Qatar, Egypt and six other countries have fully banned cryptocurrency, the U.S. and other countries are exploring how to regulate the digital currency, Fortune reported Wednesday.
Gary Gensler, chairman of the Securities and Exchange Commission, said he wants to introduce more digital currency regulations. In December, he appointed Corey Frayer as senior adviser to provide advice on policymaking and interagency work related to crypto assets.
In 2021, lawmakers proposed 35 bills focused on blockchain and cryptocurrency policy in Congress. One of those measures is the Eliminate Barriers To Innovation Act, which would establish an SEC and Commodity Futures Trading Commission Working Group on Digital Assets that would shed light on differences in blockchain tokens between the two agencies.
On Jan. 27, the Potomac Officers Club will bring together distinguished government and industry leaders to offer the GovCon community an insight into the national security aspect of digital currencies.
POC’s Digital Currency and National Security Forum will feature National Cyber Director Chris Inglis as the keynote speaker.