Carolyn Maloney actually said...

"Some people are treating these things as investments, not as currencies. And that is a huge problem because there are no investor protections like we have for stocks and bonds."

"They are pouring their life savings into virtual currencies and they stand to lose a lot of money when this bubble eventually bursts."

"So I am working on a bill that would regulate virtual currencies but not the technology, that have the characteristics of an investment like we have always regulated investments with robust investor p..."

"I personally am supportive of it, would like to be a cosponsor, and thank my colleague Mr. Delaney for his hard work on it."