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

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.

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.

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

 

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.