Last month, Senator Pat Toomey (R-PA) took issue with a proposed Financial Crimes Enforcement Network (FinCEN) rule to monitor cryptocurrency transactions.
A week after voicing his concerns to US Treasury Secretary Janet Yellen, who oversees FinCEN, he bought between $1,001 and $15,000 in shares each from the Grayscale Ethereum Trust and Grayscale Bitcoin Trust.
Sen. Toomey filed a disclosure yesterday, a requirement under the STOCK Act. Also known as the Stop Trading on Congressional Knowledge Act, the 2012 bill requires all members of Congress to publicly disclose stock and other securities trades within 45 days. Alabama Representative Barry Moore filed a similar disclosure earlier this week, making him perhaps the first representative to acknowledge purchasing Dogecoin.
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