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A California democrat's joke during Wednesday's crypto hearing has spurred the creation of 'mongoose coin'
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The Congressional hearing on crypto spurred a new meme cryptocurrency: mongoose coin.
On Wednesday, the House Financial Services Committee questioned six crypto leaders about the benefits and challenges of digital assets. FTX Chief Executive Officer Sam Bankman-Fried and Coinbase CEO Alesia Jeanne Haas testified at the hearing, along with the heads of Bitfury, Circle, Paxos Trust Company, and Stellar Development Foundation.
In his line of questions, Rep. Brad Sherman, a California democrat, said cryptocurrencies themselves are the No. 1 threat to crypto.
«Bitcoin could be replaced by ether which could be replaced by doge,» he said. That, he said, «could be replaced by hamster coin and then there's cobra coin.»
«What
Read more on markets.businessinsider.comAbout this in other media
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Congressman jokes about a Mongoose Coin: Now it exists cointelegraph.com /3 years ago
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