First U.S. Congresswoman Reveals Holding Cryptocurrency (And It's Not Bitcoin) –

Wilma Woo

After the US authorities made federal employees declare cryptocurrency holdings in June this 12 months, filings have begun to emerge about which politicians personal which cash.

Submitting Reveals Up To $30Ok Holdings

In a federal disclosure report August 14, Hawaii Consultant Tulsi Gabbard grew to become the most recent nationwide political determine to take action, revealing she purchased Ether (ETH) zerozero and Litecoin (LTC) zerozero in December 2017.

In keeping with the report, the quantity Gabbard bought might lie anyplace between $1,001 and $15,000 for every cryptocurrency.

Her submission additionally makes no particular reference to the precise date of the transactions, which means the scale of the holdings might fluctuate considerably. In December, each ETH and LTC rose dramatically following Bitcoin’s ascent to its personal all-time highs round $20,000.

Highs and lows for ETH and LTC throughout that month have been about $815/ $345 and $445/ $88 respectively, based on knowledge from Coinmarketcap.

One Of Many?

Whereas it seems Gabbard didn’t purchase Bitcoin on the time, opening up publicity to better losses by the next bear market, different US politicians have been extra vocal of their assist for the biggest cryptocurrency.

In keeping with listings from Coin Dance, a complete of eight well-known figures at the moment settle for Bitcoin for his or her campaigns, these together with names reminiscent of Jared Polis and Rand Paul, whose advocacy has hit the headlines up to now.

In June, america Workplace of Authorities Ethics (OGE) formally declared that federal workers should make identified about their cryptocurrency holdings.

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