For a panel about a proposed cryptocurrency, Tuesday's Senate Facebook hearing was light on actual crypto talk.
Peter Van Valkenburgh explained the potential benefits from cryptocurrency and blockchain while Nouriel Roubini called it "the mother of all scams."
Economist Nouriel Roubini and Coin Center's Peter Van Valkenburgh will testify about crypto and blockchain before a U.S. Senate committee today.
A bipartisan group of U.S. senators is pushing for tighter sanctions against Venezuela's state-backed cryptocurrency, known as the petro.
The U.S. Senate Committee on Energy and Natural Resources hosted a hearing Tuesday on the "energy efficiency of blockchain and similar technologies."
The U.S. Senate will host a hearing on blockchain's energy use and whether the tech can be used to protect infrastructure next week.
The U.S. policymakers will look into potential risks that digital currencies could pose to the American democracy.
CoinDesk recaps Tuesday's U.S. Senate hearing, in which two major regulatory agencies testified as to their abilities to oversee the crypto market.
A hearing at the U.S. Senate Tuesday saw top lawmakers debate the need for new legislation to increase crypto industry oversight.
The heads of the SEC and the SEC are set to testify on cryptocurrencies before Congress next week.
