Want to know how many Dogecoin your representatives in Washington were trading? You're not alone! Get the inside scoop on Dogecoin [DOGE] transactions made by members of Congress in 2021. While cryptocurrencies like Bitcoin [BTC], Dogecoin [DOGE], Ethereum [ETH], and several others were time and again condemned by governments all, some lawmakers were actively participating in the market.
Dogecoin Trading by Congress Members in 2021: The Numbers
A report has shed light on cryptocurrency trading activity among U.S. Congress members. According to a CNBC analysis of congressional financial disclosures and information from the Capitol Trades database, eight members of the United States Congress were involved. Seven Republicans and one Democrat traded $229,000 of bitcoin, $40,000 of ether and $32,000 of dogecoin.
Members of Congress are often seen as lagging far behind in tech trends, but these trades show some engagement with the cryptocurrency space. This raises questions about potential conflicts of interest and whether regulations are needed to address this activity.
Congress Crypto Trading in 2021: Key Highlights
- Total Dogecoin traded by Congress members: Approximately $32,000.
- Other cryptocurrencies traded: Bitcoin [BTC], Ethereum [ETH].
Stay informed about the financial activities of your elected officials. The numbers might surprise you!