@webmonkey, Not really keeping up with US politics but I really doubt they ban bitcoin. Most likely they are going to talk more about tax evasion stuff and exchange regulations and clarifying info on security tokens. It would be massively irresponsible of them to outright ban crypto. I think this upcoming hearing will actually be good for price action.
@BenWallace, oh for sure, they won’t ban it. That’s why I had it in quotes. I can see it becoming a media FUD fest as those types of headlines come out. Then I predict a further bio in price before we move onwards and upwards.
Regulation is sorely needed to legitimise the space and get rid of the cowboys.