Cryptocurrency congressional

cryptocurrency congressional

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Senators Gillibrand and Lummis discuss their bold comprehensive regulation bill aiming to unify all crypto interests under 'one tent.' The conversation touches. A key congressional committee on Wednesday advanced a bipartisan bill that aims to develop a regulatory framework for cryptocurrencies. Republican proposal for new legislation would legitimise the digital asset industry and undermine investor protection.
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These members of Congress seem determined to legislate a market for crypto that the industry is struggling to sustain on its own. The Securities and Exchange Commission this week commenced an enforcement action against crypto exchange Coinbase for failing to comply with securities registration requirements. Reuse this content opens in new window Comments Jump to comments section. This superficially neutral requirement could be weaponised like requirements to provide cost-benefit analysis on rule changes before it.