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Sens. Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.) introduced bipartisan legislation to create a regulatory framework for the crypto markets, the Responsible Financial Innovation Act ...
Introduced by Sens. Lummis (R-WY) and Gillibrand (D-NY), the bill aims to create clarity for regulators and the crypto industry to safeguard investors and consumers.
Sen. Cynthia Lummis and Sen. Kirsten Gillibrand introduced comprehensive legislation in June to regulate crypto.
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The executive order aims at developing a digital assets policy plan and organize federal regulators' efforts in this area. The order outlines five main goals, which includes protection of consumers and investors, monetary stability, decreasing financial and national security risks, economic competitiveness, and responsible innovation.
At a conference hosted by The Wall Street Journal on June 14, U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler expressed concern that the Lummis-Gillibrand bill could inadvertently undermine stock market and mutual fund protections, noted that cryptocurrency companies were already engaging in behaviors overseen by the SEC ...
The company has been unable to produce promised audits. [59] 2016 Firo: FIRO Poramin Insom [60] Merkle tree Proof [61] C++ [62] PoW: The first financial system employing Zero-knowledge proof to protect users' privacy. [60] It conducted the world's first large-scale blockchain election for Thailand Democrat Party in 2018. [63] 2016 Zcash: ZEC ...
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