2018-6-13 07:19 |
The US House of Representatives Financial Services Committee has proposed a bill today that would initiate a study on how cryptocurrencies are used in sex trafficking.
The “Fight Illicit Networks and Detect Trafficking” or the “FIND Trafficking Act” was prepared by Representative Juan Vargas and was supposed to be introduced on June 12.
Members of Congress, including those in the Committee on Financial Services, have expressed skepticism towards and outright disapproval of cryptocurrencies in the past.
Representative Sherman of California condemned the very idea of digital currencies, saying that they “help terrorists and criminals move money around the world…
Other members of Congress are not so hesitant to explore opportunities in crypto, and demonstrate a more open approach to the industry.
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