On Thursday, Senior House Republicans presented legislation to resolve the regulatory ambiguity surrounding the digital asset industry.
The proposed bill calls for mandatory definitions of “blockchain” and “digital asset” to be included within the existing financial laws by market regulators.
The “Financial Innovation and Technology for the 21st Century Act,” a 212-page bill, aims to create a crucial regulatory framework for the digital asset sector. …
Read More: US House Republicans Introduce Landmark Bill for Regulating Crypto: The Financial Innovation and Technology for the 21st Century Act