• "We’re just thrilled to be a part of Representative Davidson’s roundtable and thank him, his colleagues, and his staff for bringing this issue to the forefront. We think that legislation is the right way to move and the way to move this industry in the US and that’s one the reasons we created, or were co-founders of, the trade association that’s the first of its kind called the Blockchain Association, because we do think that Congress needs to step in if we want the US to be competitive here. So, that would be the first thing that we would advocate for. Some of the central themes of this roundtable was just that there’s not clarity and that was the reason for the title of the roundtable, which was Legislating Certainty in the Cryptocurrency Space." (Carla Carriveau, Circle, CNBC Fast Money, 9/25)

• "Check out Blockchain Association member and Circle's Carrivea Carla on CNBC talking about the Warren Davidson Roundtable." (Blockchain Association, @BlockchainAssn, Twitter)

• "Crypto goes to Congress. Industry pros repeatedly asking lawmakers to act quickly so the U.S. doesn't miss out on the next wave of innovation. Most looking for more clarity in addition to what the SEC has outlined, and new definitions for tokens."(Kate Rooney, @Kr00ney, Twitter)

• "Michael Hiles, owner of Cincinnati-based 10XTS, supports the “light-touch” regulation approach, saying the industry is currently like the 'Wild West.' 'There has to be something,' said Hiles, who attended Tuesday’s roundtable. 'I’m not a fan that we need a free-for-all. Even though I’m a blockchain company, I’m leaning on the side of there has to be some regulatory frameworks.'" (Dayton Daily News)

• "A few panelists were emboldened by the possibility of the bipartisan effort behind crypto. Reps. Ted Budd, R-N.C., Tom Emmer, R-Minn., and Darren Soto, D-Fla were among the Congressional representatives attending the hearing. "We need to get moving on this now, there's no time for delay," said Emmer, who has introduced multiple blockchain bills to Congress. Blockchain is the technology that underpins cryptocurrencies, and is being applied to everything from storing health care records, to tracking vegetables that carry E. coli.

• "I'm sensing we may need an entirely new category that treats this like a new asset, so that we're not trying to squeeze a square peg into a round hole," Soto said. "There needs to be some streamlining based on the definitions of digital assets." Soto agreed with his Republican colleagues, but went even further, suggesting that Congress may need to throw out the current playbook for cryptocurrency.

• "A recurring complaint was the idea of applying a 72-year-old securities law to digital currencies. The U.S. Securities and Exchange Commission uses what's known as the "Howey Test," which comes from a 1946 U.S. Supreme Court decision, to determine whether or not a cryptocurrency is a security. SEC Chairman Jay Clayton has made it clear that he does not intend to update those standards to cater to crypto." (CNBC)

• "Europe has become a haven for cryptocurrency companies as they’re locating to regulation-friendly countries, like Malta and Switzerland, which are writing the rules for the industry to operate, according to Bloomberg.com. The market in the United States right now is small, but Davidson said it’s roughly a $500 billion industry where “Bitcoin itself is almost half of that.” “The Swiss have put a framework in place that is driving capital flows there, so there’s certainty,” he said. The concern in the United States, Davidson said, is fraud. There’s uncertainty if what these ICOs are going to be securities, or if they are actually commodities. “We have to protect consumers,” he said." (Dayton Daily News)

• "It's an honor to represent Sweet Bridge, Inc. and participate in an important roundtable hosted by Warren Davidson, Ted Budd, Darren Soto, and Tom Emmer on providing regulatory certainty to virtual currency companies in the U.S." (Will Munsil, @willmunsil, Twitter)

• "Excited to be on the Hill today with the Blockchain Association members participating in Congressman Davidson's roundtable." (Kristin Smith, @KMSmithDCTwitter) 

• "'We have all 50 states here, and those states have many different people who have interests in securities markets,' Paul Atkins, a former commissioner at the Securities and Exchange Commission who now leads the financial services consulting group Patomak Global Partners LLC, said during a panel." (Bloomberg Law)

• "A lawyer for the Ethereum blockchain-related firm Consensys, Pat Berarducci, who will be attending the round table, says he believes there are, "a lot of regulators wanting the U.S. to develop 'do no harm' policies to allow innovation to grow, just like they did in the internet era." (CrowdfundInsider)

• "It is clear that both industry leaders and lawmakers do want the industry to be regulated, and recognize the need for legislation, considering that there are issues regarding fraud and consumer protection that have prevented financial institutions from entering the market." (CoinSpeaker)

• "Great initiative by Congressman Warren Davidson to host the ICO regulation roundtable in DC yesterday and including industry voices in the discussions. Hopefully just the beginning of many steps forward in establishing sensible legislation for the industry!" (Messari, Twitter)

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