Financial advisors support the Crypto-Currency Act of 2020, as stonewalling from cryptocurrency advocacy groups threatens to derail digital asset oversight legislation.
WASHINGTON, DC / March 20, 2020 / Days before coronavirus sparked a financial market meltdown, a piece of legislation introduced to the Congress last week offered a start at providing Americans with a chance to more clearly and safely consider a new alternative form of investing – cryptocurrencies. Sarson Funds, a cryptocurrency investment and education firm, lauded the bill’s efforts, as in recent days cryptocurrencies have risen sharply following their mutual sell-off alongside Wall Street.
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Key Takeaways
- As crypto markets brace financial storm, financial advisors voice support for the Crypto-Currency Act of 2020.
- Lack of bill support from DC-based crypto advocacy group with ties to cryptocurrency media outlet seen as a setback for digital asset investors.
- Sarson Funds: The blockchain wars have started and China is winning.
Disclosures: Not investment advice. It should be assumed that Sarson Funds or its affiliated managers hold positions in all projects that are discussed. It is not possible to invest in any project directly through Sarson Funds, Inc. or its affiliated managers. Any investment product offered by managers affiliated with Sarson Funds should be assumed to be only available to Accredited Investors and subject to the individual terms and conditions of that offering including but not limited to those eligibility requirements associated with U.S. Securities Regulation D, section 506c. Talk with your financial advisor before making any investment decisions or have them contact Sarson Funds directly at info@sarsonfunds.com
