Rep. Warren Davidson Reintroduces Token Taxonomy Act
U.S. Representative Warren Davidson has reintroduced the Token Taxonomy Act to provide regulatory clarity around digital currencies.U.S. Representative Warren Davidson reintroduced the Token Taxonomy Act, a bill designed to provide regulatory clarity to blockchain-based businesses and digital currency users, according to a press release sent to Bitcoin Magazine.If passed, the act would amend the Securities Act and Securities Exchange Act to exclude “digital tokens from the definition of a security” and direct the U.S. Securities and Exchange Commission to make regulatory changes in how it....
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Representative Warren Davidson joined the "Bitcoin Magazine Podcast" to discuss bitcoin, Congress and the "Token Taxonomy Act."
A deep analysis of the proposed definition of digital token, which is likely to be far simpler than the Howey Test. In these hyper-partisan times, any bill that includes sponsors from both sides of the aisle is noteworthy. There is one pending now that is particularly important in the crypto space. On March 8, 2021, H.R. 1628, the Token Taxonomy Act of 2021, was introduced by representative Warren Davidson. It was co-sponsored by representatives Ted Budd, Darren Soto, Scott Perry and Josh Gottheimer.Terms of the Token Taxonomy Act of 2021Among other provisions, the bill would exempt....
Congressman Warren Davidson explained how the cryptocurrency tax addition to the Senate infrastructure bill is bad for the U.S.
The Doge community is not going to like this. In a panel at the Miami Bitcoin conference, Representative Warren Davidson spared no bullets. He compared the US Federal Reserve’s rampant money printing of late to Dogecoin’s unlimited and ever-increasing supply. “There’s a benefit in scarcity that dogecoinners don’t get, and apparently neither does the Fed,” […]
The former aide to Representative Davidson will join crypto's leading trade association. The Blockchain Association, a leading trade association and lobbying group, has hired Ron Hammond as its new director of government relations. The Blockchain Association has been one of Washington, D.C.'s biggest advocates for the crypto industry since its launch in 2018. Executive director Kristin Smith recently appeared on Cointelegraph's Top 100 list. Hammond, meanwhile, cut his teeth working on crypto policy for Representative Warren Davidson, most notably the Token Taxonomy Act, which is also the....