Rep. Warren Davidson Reintroduces Token Taxonomy Act

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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Amid hiring spree, Blockchain Association adds Token Taxonomy Act guru to team

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....