This post will be to raise awareness regarding [this Reddit post](https://www.reddit.com/r/CryptoCurrency/comments/7vdul2/us_govt_crypto_regulation_will_be_coming_within/).
## The title is quite click baity, I know... Just trying it out ;) 

# Credibility and Reliability
Tl;dr, at first glance not really credible, looks like a shill... however chairman (Jay Clayton) will join CFTC chairman (J. Christopher Giancarlo) will hold a dedicated hearing on virtual currencies. 
I wouldn't use this information to make any decisions, this is merely the catalyst for me to seek more news! 

OP (original poster) of the Reddit article first saw the news via 4chan where the OP of the 4chan article typed:

"in 48 hours, this building (referring to the pic below) is going to make crypto skyrocket, but regulations may come out on shit coins. Get in your bluechips NOW! Big money wants to get in but they're not about being scammed, also exchanges will be super bottle necked. There will either be new exchanges needed or I dont knowwwww, maybe these things called REQ, LINK etc will change crypto forever, in a good way. The wojacks are coming."
![](https://steemitimages.com/DQmcUpr86WcJxK26C8VTZuybCzXSMbo2XCEpdxP7AASLajC/image.png)

He posted "proof" that many commenters suggest that any "boot camp grunt" can have what he has as proof, and that his story seems quite illegitimate. I agree that something that could influence so many hundreds of billions of dollars wouldn't be overheard by someone in the armed forced... 

However, coinciding with his post on 4chan is news that chairman (Jay Clayton) will join CFTC chairman (J. Christopher Giancarlo) to hold a dedicated hearing on virtual currencies. This could be what the OP of the 4chan post is referring to and if he is, it could be huge! However, I'm still more inclined to think it's just a coincidence or maybe he saw the news of the meeting first and just made up the 2nd part about it being good news for bluechips. 

# What do from now??
Personally, I'm hodling my COSS and STEEM. Have been since it was at $800+ billion market cap. I'm 75% down from my peak but still around 15 times up my initial investment. 

However, I'll be fishing out for more news and have this possibility at the back of my mind, but I won't entertain this as a fact until much more evidence! 

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