Lawmakers Must Disclose Cryptocurrency Holdings Exceeding $1K, Says US House Ethics Committee

ICO News, News | June 21, 2018 By:

US House of Representative members will now be required to disclose holdings of cryptocurrencies that exceed $1,000.

In a memo published on June 18, the House Ethics Committee advised lawmakers that they must inlcude crypto holdings worth more than $1,000 in their annual financial disclosure report and reveal any transactions that exceed $1,000 within 45 days of the purchase or sale of the virtual asset.

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