Financial advisors support the Crypto-Currency Act of 2020, as stonewalling from cryptocurrency advocacy groups threatens to derail digital asset oversight legislation.
WASHINGTON, DC / March 20, 2020 / Days before coronavirus sparked a financial market meltdown, a piece of legislation introduced to the Congress last week offered a start at providing Americans with a chance to more clearly and safely consider a new alternative form of investing – cryptocurrencies. Sarson Funds, a cryptocurrency investment and education firm, lauded the bill’s efforts, as in recent days cryptocurrencies have risen sharply following their mutual sell-off alongside Wall Street.
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Key Takeaways
- As crypto markets brace financial storm, financial advisors voice support for the Crypto-Currency Act of 2020.
- Lack of bill support from DC-based crypto advocacy group with ties to cryptocurrency media outlet seen as a setback for digital asset investors.
- Sarson Funds: The blockchain wars have started and China is winning.
