Congress Introduced 18 Bills Regarding Cryptocurrency Assets in 2021

Congress Introduced 18 Bills Regarding Cryptocurrency Assets in 2021

Jason Brett, the former FDIC regulator, argues that U.S. lawmakers now focus on regulating cryptocurrency assets. As a result, they have drifted away from individual stable coins this year. The U.S.Congress seems to push for higher regulatory clarity as regards cryptocurrency assets. Congress has proposed a total of 18 bills relating to cryptocurrency and blockchain […]


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Congress has put forward 18 bills on digital assets in 2021 so far

Former FDIC regulator, Jason Brett, argues that U.S. lawmakers have pivoted away from private stablecoins to focus on regulating decentralized digital assets this year. The United States Congress appears to be pushing for greater regulatory clarity regarding crypto assets, having proposed18 bills concerning blockchain and cryptocurrency during 2021 so far.According to analysis published by former Federal Deposit Insurance Corporation regulator, Jason Brett, on August 22, the current 117th Congress has broken from its predecessor in focusing on regulating decentralized assets rather than....

U.S. Congress submits 18 crypto bills in 2021, Visa buys $150K CryptoPunk, Mi...

Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more a week on Cointelegraph in one link.Top Stories This WeekCongress has put forward 18 bills on digital assets in 2021 so farThe U.S. Congress has been ramping up its efforts to provide a regulatory framework for crypto in 2021 and has put forward 18 bills concerning digital assets and blockchain tech so far this year.According to an Aug. 22 analysis from former Federal....

US Senator Proposes Congress Adopt Cryptocurrency for Payments

U.S. Senator Ted Cruz has introduced a resolution that would position Congress to lead in the area of cryptocurrency by having congressional cafeterias, vending machines, and gift shops accept crypto payments. “Congress is typically slow to adopt new technology,” he said. Senator Pushes for Crypto Adoption in Congress U.S. Senator Ted Cruz has introduced a resolution titled “Adopting Cryptocurrency in Congress as an Exchange of Payment for Transactions Resolution,” also referred to as “ACCEPT Resolution,” in the Senate Monday. ....

Congress passes digital asset innovation act to clarify crypto regulations

U.S. financial regulators will now work together to create modalities for clear-cut crypto regulations in America. The U.S. House of Representatives on Tuesday passed H.R. 1602 — the Eliminate Barriers to Innovation Act — introduced by Congressman Patrick McHenry (R-NC).H.R. 1602 was among six bipartisan financial services-related bills passed by Congress on Tuesday with the McHenry-sponsored legislation focusing on regulatory clarity for cryptocurrencies.Introduced back in March, the bill seeks to clarify the roles of agencies like the Securities and Exchange Commission and the Commodity....

Why Ted Cruz Wants U.S. Congress Merchants To Accept Bitcoin

Per a report by Breitbart News, U.S. Senator Ted Cruz (R-TX) has introduced a resolution that could bring Bitcoin right to Congress. The government official proposed legislation on November 1st for the institution to increase its awareness and involvement with digital assets. Related Reading | Why This $100K Bitcoin Purchase By An U.S. Senator Could […]