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Toomey has also been an advocate for the industry, sponsoring his financial manager, but that would have allayed exfhange about crypto-reporting requirements to the IRS financial markets.
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Economist explains the two futures of crypto - Tyler CowenPolitical betting can make people vote and campaign purely to advantage their own bet. Such voters will then be happy or unhappy with the result of the election. A recent local story claims that several Taiwanese nationals have bet on the next presidential election using the decentralized betting website. Officials in Taiwan have warned residents against using cryptocurrency betting platforms to wage bets on the impending Taiwan Presidential.
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