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16
Jul, 2021

US Congressmen Invest in Bitcoin and Ethereum

Patrick Toomey decided to invest a small portion of his portfolio in Bitcoin and Ethereum, through Grayscale’s platform. This move was made after another US congressman, Barry Moore had published that he invested in Dogecoin, Ethereum and Cardano for his personal portfolio.

 

Even if those investments didn’t surpass $30,000 in total value, there is a symbolism behind this move. US Congressmen are getting more familiar with the new financial trends and pass bills that will raise more interest and justice for the specific issue.

 

The institutional regulation is going to be the next big thing in the crypto sector and a market like the USA will bring more news from that.