In a major milestone for crypto on Capitol Hill, the FinancialCmte has approved a pair of crypto bills, in what many see as a huge win for crypto regulatory clarity.
The Republican bill also outlines a process for firms to certify with the SEC that their projects are adequately decentralized which would allow them to register digital assets as a digital commodity with the CFTC.
Republican Congressman, French Hill, who also serves as the Vice-Chairman of the House Financial Services Committee said he was proud the bill had passed its first hurdle, and that it had been passed by the committee with bipartisan support. "We have crafted landmark legislation that establishes robust consumer protections and clear rules of the road for market participants while keeping innovation in the United States."
Meanwhile, the bipartisan “Blockchain Regulatory Certainty Act” led by Republican Congressman Tom Emmer and Democratic Congressman Darren Soto,to set out guidelines that remove hurdles and requirements for “blockchain developers and service providers” such as miners, multi-signature service providers and decentralized finance platforms.
Republican Representative Tom Emmer praised the passing of the Blockchain Regulatory Certainty Act as a"huge win" for the United States.@FinancialCmteThis is a huge win for the United States as we are one step closer to putting Americans in the driver’s seat in crafting the future peer-to-peer digital economy.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
House Financial Services Committee Votes in Favor of Crypto, Blockchain BillsThe House Financial Services Committee has voted to advance a pair of crypto and blockchain bills after a landmark session discussing amendments to the legislation. nikhileshde lizknapolitano report
Leer más »
8 ways crypto companies can improve their financial compliance in the US
Leer más »
Canada financial regulator proposes new capital guidelines for crypto assetsCanada's financial regulator on Wednesday proposed changes to its capital and liquidity approach to crypto-assets, citing a risky environment and in response to international banking standards.
Leer más »
A Wall Street (Crypto) Analyst’s Take on ChainLink: Crypto Long & Short.GWilliamsJr_CMT returns to his past and examines chainlink and $LINK like a stock analyst. Read that and more in “Crypto Long & Short.”
Leer más »
Crypto Must Take Fraud Prevention Seriously: Crypto Long & ShortCountries that enable regulatory technology while avoiding reliance on legacy bureaucratic approaches will be a breakaway leader in cryptocurrencies, HaddockBeth argues.
Leer más »