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Pro-Crypto Senator Cynthia Lummis To Introduce A Cryptocurrency Reform Bill Next Year
Summary: According to a report from Bloomberg, Republican Senator Cynthia Lummis of Wyoming, USA, plans to introduce a comprehensive bill next year, which will cover all aspects of taxation, classification and consumer protection of digital assets. Cynthia Lummis has always been one of the most staunch crypto supporters in Congress. According to the report, if the ...
According to a report from Bloomberg, Republican Senator Cynthia Lummis of Wyoming, USA, plans to introduce a comprehensive bill next year, which will cover all aspects of taxation, classification and consumer protection of digital assets.
Cynthia Lummis has always been one of the most staunch crypto supporters in Congress. According to the report, if the bill is passed, it will provide regulators with clear guidance on the classification of crypto assets, consumer protection, and regulation of stablecoins, as well as create a new organization to oversee the digital asset market under the joint jurisdiction of the Commodity Futures Trading Commission and the Securities and Exchange Commission.
By Mary Liu
Tags: Cynthia Lummis,Regulation,Senate
Link: Pro-Crypto Senator Cynthia Lummis To Introduce A Cryptocurrency Reform Bill Next Year [Copy]
