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August 6, 2018

First Crypto Member of US Congress Revealed: Portfolio Includes Bitcoin, Ethereum and Bitcoin Cash

By Daily Hodl Staff

A member of the US House of Representatives has just disclosed how much cryptocurrency is in his portfolio.

The House Ethics Committee recently told all lawmakers, officers and employees that they must disclose all cryptocurrency investments over $1,000.

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Now, in an apparent first, Chairman of the House Ethics Committee Bob Goodlatte has revealed he owns as much as $80,000 in Bitcoin, Bitcoin Cash and Ethereum.

The Republican from Virginia’s Sixth Congressional District has not yet responded to requests for comment on his holdings.

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Goodlatte’s son Bobby is a public proponent for Bitcoin and was an angel investor in the cryptocurrency exchange Coinbase, according to Sludge. Just how much Bobby Goodlatte has invested in Coinbase is unknown.

Related: Expert Witness Tells Congress to Remove Capital Gains Tax on Cryptocurrencies Used for Purchases

Image via Wikimedia Commons

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