Search results
Results from the WOW.Com Content Network
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.
Senators Kirsten Gillibrand and Cynthia Lummis introduced their long-awaited crypto legislation that favors the CFTC as a watchdog and wipes away tax worries for purchases of less than $200.
Sen. Cynthia Lummis and Sen. Kirsten Gillibrand introduced comprehensive legislation in June to regulate crypto.
The former FTX CEO Sam Bankman-Fried pushed for crypto regulation via the DCCPA by extensively lobbying Congress, which was perceived as being favorable to FTX but harmful to the broader industry, especially its decentralized finance competitors. [4] [5] [6] The collapse of FTX is seen as likely to delay the process of enacting the DCCPA. [3]
The bill was first introduced "into the House Financial Services Committee and the Committee on Agriculture in June 2023." [2] In early May 2024, the bill was jointly approved by both the Financial Services committee and the Ag committee (which has jurisdiction for law related to commodity exchanges). This set the stage for consideration of the ...
The bill was backed by crypto supporters and industry organizations who have long viewed Gensler's SEC as an impediment to the wider adoption of digital assets.
January 10, 2022 (No short title) A bill to include certain computer-related projects in the Federal permitting program under title XLI of the FAST Act, and for other purposes. S. 3600: February 8, 2022: Strengthening American Cybersecurity Act of 2022: A bill to improve the cybersecurity of the Federal Government, and for other purposes.
Digital asset regulation has become a partisan issue, especially as a government shutdown looms.