NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin Exchange Gemini Makes A Splash On Nasdaq Debut, Jumping Nearly 50%
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin Exchange Gemini Makes A Splash On Nasdaq Debut, Jumping Nearly 50%

Lobbying Firm Representing MasterCard Taking Up BTC Issues in Wa

newsbtc
newsbtc
4 years ago
2 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Lobbying. It’s a pretty big thing on Capitol Hill.

And with the tremendous growth of bitcoin over the past year, you can bet that the digital currency (and perhaps digital currency as a whole) has started to become a talking point for lobbyists.

Take lobbying firm Peck Madigan Jones, for example.

In an LD-2 Disclosure Form (which is a lobbying report, see the Lobbying Disclosure Act of 1995), which clearly states the firm is working for MasterCard, the company listed bitcoin as one of the many issues they’re working on in the nation’s capital:

[blockquote style=”2″]Specific Lobbying Issues: Interchange fees, gift cards, overdraft fees, data breach, identity theft, Bitcoin and mobile payments. Implementation of Dodd-Frank Wall Street Reform and Consumer Protection Act (Pub.L. 111-203), including debit interchange fee amendment. Mobile payments in general. Court decision regarding Federal Reserve’s interchange rule. S. 1193, Data Security and Breach Notification Act of 2013. S. 1897, Personal Data Privacy and Security Act of 2014. S. 1927, Data Security Act of 2014. S. 1976, Data Security and Breach Notification Act of 2014. S. 1995, Personal Data Protection and Breach Accountability Act of 2014. [/blockquote]

The firm doesn’t specifically disclose what their lobbying with relation to bitcoin involves, but they are working for MasterCard.

The multinational financial services company is a massive payments processor, whose product many would agree directly competes with bitcoin.

And since lobbyists influence (often times very controversially) how legislation is passed, this could either be a very positive or negative thing for bitcoin in the long run.

Still, it’s interesting to see that bitcoin has reached a level of popularity in which it’s being discussed with some of the most powerful lawmakers in the United States.

But will anything good come from it?

Tweet123Share196ShareSend
newsbtc
newsbtc

newsbtc

Comments 6

  1. CoinCadence.com says:
    11 years ago

    Great catch! Think Mastercard sees mainstream Bitcoin use coming and is going to try and kill it before it grows to strong? 😉

    Reply
  2. BarttheCat says:
    11 years ago

    Lobbyists are the cancer in the body of Democracy.

    Reply
    • Erik says:
      11 years ago

      Well good thing people in the USA are not living in a democracy but in a Corporatocracy

      Reply
      • vortex says:
        11 years ago

        Yah that’s not a word, but this one is… Kleptonomy

        Reply
        • Erik says:
          11 years ago

          I am not sure if your joking or not, it’s a word Google it.
          Kleptonomy is good one as well. Let’s just call it utterly corrupt

          Reply
  3. gamblingwithbitcoins.com says:
    11 years ago

    and what firm is lobbying for bitcoin?

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Comments 6

  1. CoinCadence.com says:
    11 years ago

    Great catch! Think Mastercard sees mainstream Bitcoin use coming and is going to try and kill it before it grows to strong? 😉

    Reply
  2. BarttheCat says:
    11 years ago

    Lobbyists are the cancer in the body of Democracy.

    Reply
    • Erik says:
      11 years ago

      Well good thing people in the USA are not living in a democracy but in a Corporatocracy

      Reply
      • vortex says:
        11 years ago

        Yah that’s not a word, but this one is… Kleptonomy

        Reply
        • Erik says:
          11 years ago

          I am not sure if your joking or not, it’s a word Google it.
          Kleptonomy is good one as well. Let’s just call it utterly corrupt

          Reply
  3. gamblingwithbitcoins.com says:
    11 years ago

    and what firm is lobbying for bitcoin?

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Ethereum

Ethereum Daily Chart Turns Green As ETHBTC Prepares For Lift-Off

In a recent post on X, crypto analyst CRYPTOWZRD shared a bullish daily technical outlook for Ethereum (ETH), highlighting a...

Godspower Owie 3 hours ago
Dogecoin

The Dogecoin Bullish Reset: A Clear Roadmap To $0.35

Dogecoin’s price action over the past week has seen it trending upwards. This movement has seen the meme cryptocurrency make...

Scott Matherson 4 hours ago
Bitcoin

Bitcoin Flips Key Support, Bulls Now Target $117,000

Bitcoin (BTC) has reached a critical turning point, successfully flipping a key horizontal support zone that previously acted as resistance....

Godspower Owie 6 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Crypto airdrop season begonnen - belangrijkste ETH airdrops van 2025 onthuld

Crypto airdrop season begonnen – belangrijkste ETH airdrops van 2025 onthuld

Lars Diederiksen 39 minutes ago
Bitcoin

Analyst Says Bitcoin Is A Strong Buy If It Overcomes $118K — Here’s Why

Opeyemi Sule 11 minutes ago

Kommt 2025 noch eine Altcoin Season?

georgsteiner 2 hours ago

Premium Sponsors

Press Releases

  • ドージコイン 今後の展望:ビットコイン提携とETF開始で次の暗号資産の巨人となるか

    ドージコイン...

    19 hours ago
  • 鯨が一晩で4,000万XRPを売却、リップル 今後は3ドルのサポートを維持できるか

    鯨が一晩で4,000万XRPを売却、リップル...

    19 hours ago
  • 暗号資産トレジャリーの苦境とQ4に狙う仮想通貨プレセール

    ...

    19 hours ago
  • 10月に上昇が期待される仮想通貨おすすめ6選

    ...

    20 hours ago
  • 新しい仮想通貨が投資家を最速で億万長者に導く ― 既存の「買うべき仮想通貨」を超えて

    ...

    20 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.