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US Congressman holds first-ever crypto town hall

A US Congressman held a first ever town hall on cryptocurrencies.
Justinas
Baltrusaitis
2 years ago
2 mins read

United States Congressman Tom Emmer on Thursday held a first-ever town hall session on cryptocurrencies. The town hall meeting aimed to celebrate innovators leading the development of digital currencies across the United States. 

Alongside other key crypto stakeholders, the congressman used the session to encourage voters to show the growing level of support for cryptocurrencies and blockchain technology solutions. Some of the notable heads from the crypto world to attend included Brad Garlinghouse from Ripple and Guy Hirsch, from eToro.

In a statement, Emmer highlighted that already there exist some positives outcomes from the cryptocurrency world

“Today’s event was an excellent opportunity to highlight and celebrate the groundbreaking innovations taking place in the world of cryptocurrency. The future is here and crypto has the ability to decentralize control and empower each and every one of us. I am grateful for the work of everyone who was able to join us today and look forward to pushing forward as we educate policymakers and Americans about the true potential of these incredible innovations.”

Support from key stakeholders

Emmer is among the crypto-friendly politicians who also serves as the co-chair of the Congressional Blockchain Caucus. The politician joined a growing list of his colleagues to accept cryptocurrency donations to fund his reelection campaign. 

Emmer the U.S. Representative for Minnesota’s 6th congressional district partnered with the Chamber of Digital Commerce PAC to facilitate the town hall meeting. Other crypto sector players at the meeting included Jeremy Allaire, CEO of Circle, Stephen Pair, CEO of BitPay, Matthew Roszak, Chairman and Co-Founder of Bloq, and Chad Cascarilla, CEO and Co-founder of Paxos.

If similar town hall sessions are organized across the US, it will be a stepping stone for engaging policymakers. Currently, the input of policymakers is key to coming up with a clear regulatory framework. 

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Justinas Baltrusaitis
Author

Justin crafts insightful data-driven stories on finance, banking, and digital assets. His reports were cited by many influential outlets globally like Forbes, Financial Times, CNBC, Bloomberg, Business Insider, Nasdaq.com, Investing.com, Reuters, among others.

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