The U.S. Senators Revised Cybersecurity Bill To Include Crypto
Two U.S. senators passed a new bill amending the Cybersecurity Information Sharing Act of 2015 to include the crypto firms to report cyberthreats they face. The U.S legislators, Cynthia Lummis of Wyoming and Tennessee’s Marsha Blackburn, revised the Cybersecurity Information Sharing Act aimed at reducing criminal activities in crypto-space. Cryptocurrency’s growing issues like cyber attacks, […]
Related News
Under the proposed amendment, the 2015 legislation would be renamed the Cryptocurrency Cybersecurity Information Sharing Act. United States Senators Marsha Blackburn and Cynthia Lummis have introduced proposed changes to a 2015 bill that would allow “voluntary information sharing of cyber threat indicators among cryptocurrency companies.”According to a draft bill on amending the Cybersecurity Information Sharing Act of 2015, Blackburn and Lummis suggested U.S. lawmakers allow companies involved with distributed ledger technology or digital assets to report network damage, data breaches,....
A bipartisan team of US senators is introducing a bill to clarify what entities should report cryptocurrency transactions to the IRS.
Two U.S. senators have introduced a bipartisan bill aimed at improving the oversight of cryptocurrency. The bill requires the Treasury Secretary to submit a report to Congress on cryptocurrencies and their competitiveness globally, including how other countries are using and mining them as well as their impacts on supply chains.
New Bill Introduced to Improve Oversight of Cryptocurrencies and Their Uses Globally
Senator Maggie Hassan, a member of the Senate Homeland Security and Governmental Affairs Committee, and Senator Joni Ernst introduced legislation on cryptocurrency....
Senator Cynthia Lummis said that non-crypto-versed Senators will need some time to understand and digest the proposals. The major bipartisan crypto bill led by U.S. Senators Cynthia Lummis (Republican) and Kirsten Gillibrand (Democrat) will most likely be deferred to next year according to the duo. Speaking during Bloomberg’s Crypto Summit on July 19, the Senators stated that there is a slim chance that the comprehensive bill would be pushed through the Senate this year, with Lummis noting that: “I think both Kirsten and I believe that the bill, in one piece, as a total bill is more likely....
Yesterday, the United States Senate passed the highly controversial Cybersecurity Information Sharing Act, also known as CISA. CISA is a massive blow against the tech industry as a whole and advocates of privacy. Passing by a 74-21 bipartisan vote, the bill is intended to allow companies to share information on cybersecurity threats with the government.....