Several contributions were made about the topic around the classification of such donations, maximum allowable limits, conversion, and reporting of such funds. The informal agreement is to cap of $100 per donation for the upcoming year’s midterm elections. However, the meeting did not lead to any amendments as the members acknowledge they need a better understanding of the matter. Alice Germon, Chairwoman stated:
“I would be inclined to think that bitcoin is a thing that is not U.S. money but is more like a currency, like the euro. But I would like to hear more to develop my thinking on this.”
“I think cryptocurrencies are obviously new and designed to be confidential but the blockchain technology I think might ultimately be a very robust tool in tracing activity […] I don’t think we’re there yet, but I would hate for something we do to forestall that later on. I don’t know what that would be but […] blockchain might be a very useful tool for us and I’d hate to prevent that.”
The idea of expressing one’s views and reviews through words is beyond intriguing. What started as a creative let out has now become a passion and a profession for Arshmeet K Hora. In her own words ” with every word, every article that I write, my passion towards this medium has grown stronger.” Arshmeet covers latest crypto news and updates as well as what happening new revolving around Blockchain Technology.