Febuary 2018 Virtual Currencies SEC & CFTC Meeting



hello everybody I want to do a crazy haired light night post real quick going into tomorrow which is February 6th the SEC chairman Jay Clayton will testify testify before the US Senate Committee on Banking Housing and Urban Affairs the hearing is titled virtual currencies the oversight role of the US Securities and Exchange Commission and the u.s. commodities future Trading Commission so this is what the website says it takes place at 10:00 a.m. Central Time or I'm sorry Eastern Time which is 9:00 a.m. Central Time and I don't really know much about what their plans are to get into I did some digging around on the internet and I'll I'll try to remember to include these links in the comments but I found this so this is the the hearing scheduling and in here there are some PDFs essentially outlining I think what they plan on doing for oversight or at least a general overview and it's I skimmed through it a little it is riveting just riveting it's so it's horrible horrible in the sense of reading it's kind of boring to read but they talk about ICO is a lot they talk about exchanges alternate alternate trading exchanges systems alternate trading systems alternative trading systems that's what it is the SEC CFTC it's just there's so much information here I'm pretty sure this is what they're gonna go over for the most part and and just kind of give a maybe some guidelines but that's my guess I absolutely have no clue this is the first time I've really paid attention to anything political because it pertains to virtual currencies it's kind of it's kind of important to all of us hopefully there will be a way to stream this tomorrow and and see how it goes but I don't know if I find that information out I will post it out on Twitter or I will yeah I'll put it on Twitter or you can find it at crypto boner calm I'll definitely post something on there about that yeah it's I don't know I I kind of feel like everybody's kind of holding out and and Bitcoin dipped again ridiculously today because of this and I'm hoping it's because of this because I'm hoping that this is the bottom of this trench that we're in because it's getting to the point where I'm sick of waiting I want to I want to trade again I wanna I know that you should be buying in right now but I'm trying to build up the wealth first as all of us are so I don't really have a whole lot of extra money to buy in but let's see how tomorrow goes I'll try and do another video if if there's a stream or something and and we can we can chat about what happened if you have questions or you know something that I don't leave it in the comments definitely like subscribe come on people subscribe please and let me know if you'd be interested if I did a live stream at some point in time don't know but I have the capabilities and it might be fun if anybody's interested but yeah thanks bye

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