WASHINGTON — The Senate Banking Committee is likely to take a closer look at bitcoin and other cryptocurrencies.
“We are about to be overwhelmed by bitcoin, other kinds of cryptocurrencies,” said Sen. Mark Warner, D-Va., during a banking panel hearing Tuesday. “I would hope … that we would be able to get ahead of it rather than chasing it after the fact.”
Speaking afterward, panel Chairman Mike Crapo agreed that a hearing on cryptocurrencies is in order.