Frank Pallone
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Frank Pallone's Record on Bitcoin, Cryptocurrencies, and Blockchain
- 6/4/2025, 6:48:33 PM
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Representative Pallone Tweeted or was mentioned:
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Reference LinkSubmitted By: Anonymous - 5/16/2025, 6:48:14 AM
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Representative Pallone Tweeted or was mentioned:
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Reference LinkSubmitted By: Anonymous - 4/26/2025, 6:46:15 AM
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Representative Pallone Tweeted or was mentioned:
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Reference LinkSubmitted By: Anonymous - 3/12/2025, 7:10:35 PM
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11-Mar-2025: Frank Pallone voted AGAINST H J RES 25 H J RES 25 Title: Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service relating to “Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales”
Reference LinkSubmitted By: ElectBitcoin.org Congressional Vote History - 3/8/2025, 6:44:43 AM
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Representative Pallone Tweeted or was mentioned:
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Reference LinkSubmitted By: Anonymous - 2/20/2025, 11:53:30 PM
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Representative Pallone Tweeted or was mentioned:
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Reference LinkSubmitted By: Anonymous - 7/11/2024, 4:29:18 PM
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11-Jul-2024: Frank Pallone voted AGAINST H J RES 109 H J RES 109 Title: Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Securities and Exchange Commission relating to “Staff Accounting Bulletin No. 121”
Reference LinkSubmitted By: ElectBitcoin.org Congressional Vote History - 5/23/2024, 2:41:14 PM
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22-May-2024: Frank Pallone voted AGAINST H R 4763 H R 4763 Title: Financial Innovation and Technology for the 21st Century Act
Reference LinkSubmitted By: ElectBitcoin.org Congressional Vote History - 5/16/2024, 9:33:26 PM
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8-May-2024: Frank Pallone voted AGAINST H J RES 109 H J RES 109 Title: Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Securities and Exchange Commission relating to “Staff Accounting Bulletin No. 121”
Reference LinkSubmitted By: ElectBitcoin.org Congressional Vote History - 6/23/2023, 5:04:31 PM
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Representative Pallone Tweeted or was mentioned:
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Reference LinkSubmitted By: Anonymous - 6/23/2023, 5:04:29 PM
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Representative Pallone Tweeted or was mentioned:
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Reference LinkSubmitted By: Anonymous - 6/23/2023, 5:04:26 PM
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Representative Pallone Tweeted or was mentioned:
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Reference LinkSubmitted By: Anonymous - 6/21/2023, 3:24:02 PM
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Representative Pallone Tweeted or was mentioned:
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Reference LinkSubmitted By: Anonymous - 6/21/2023, 3:24:00 PM
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Representative Pallone Tweeted or was mentioned:
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Reference LinkSubmitted By: Anonymous - 8/19/2021, 9:56:38 PM
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Rep. Pallone's opening statement in a hearing entitled: "THE DISRUPTER SERIES: DIGITAL CURRENCY AND BLOCKCHAIN TECHNOLOGY" on MARCH 16, 2016 was favorable towards the promises of cryptocurrencies and blockchain technology. "Whether using Bitcoin, the most well-known and widely used crypto-currency, or another one, peer-to-peer digital transactions have the potential to reduce fees and wait times for consumer purchases. In addition, crypto-currencies can offer advantages to underbanked and unbanked populations, especially in regions where state-backed currency is consistently unstable and traditional financial services are less accessible. They also may offer users increased privacy in comparison to traditional payment methods. However, at the same time crypto-currencies raise important issues that should be explored, they are not legal tender, and their value is not guaranteed by any central authority. Therefore, they have proven to be vulnerable to price volatility, deflation, and hacking. In addition, many existing consumer protections, such as requirements that banks have systems in place to limit consumer loss and detect money laundering, may not apply to crypto-currencies." "While originally created for crypto-currency, the recordkeeping technology, blockchain, has gained enormous interest in the last few years with more than $1 billion raised in venture capital so far. In the financial sector, firms are looking at placing stock and bond trades on the blockchain. In the nonfinancial arena, the full range of possibilities may be endless. Blockchain is being tested for possible applications in health care, green energy, copyright, and voting, to name a few. The blockchain can automate contracts, making them faster to complete. They can increase transparency in property rights disputes and help protect intellectual property. And, in many sectors, the blockchain may improve privacy protections, reduce human error, and lower administrative costs."
Reference LinkSubmitted By: Anonymous