Parts of U.S. Cryptocurrency Regulation Bill Likely to Pass Within Six Months

ByBhupender Singh

Oct 15, 2022 , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
Parts of U.S. Cryptocurrency Regulation Bill Likely to Pass Within Six Months

Two U.S. senators, Kirsten Gillibrand and Cynthia Lummis, said on Friday that part of a comprehensive cryptocurrency regulation bill could be presented to President Biden for his signature within the next six months.

“I think six months from now, we’re going to see at least part of it on the president’s desk,” Lummis said.

A section of the bill that would give the U.S. Commodity Futures Trading Commission (CFTC) regulatory authority over digital assets considered commodities is ready to move forward, Gillibrand said.

Gillibrand added that she expects the regulatory framework for digital assets to pass the Senate with broad bipartisan support.

The information provided by WebsCrypto does not represent any investment suggestion. The articles published on this site only represent personal opinions and have nothing to do with the official position of WebsCrypto.

Source link

Leave a Reply

Your email address will not be published.