Last week, Senator Lummis of Wyoming and Senator Gillibrand of New York addressed their much-anticipated legislation on the regulation of digital assets at an event hosted by Politico called Regulating the Digital Gold Rush. Establishing a regulatory framework for the digital assets field, which includes cryptocurrency, stablecoin, and central bank digital currency, is a priority for Congress and the federal government at large. At the event, the senators said their legislation would cover a broad range of digital assets topics, See more +
Last week, Senator Lummis of Wyoming and Senator Gillibrand of New York addressed their much-anticipated legislation on the regulation of digital assets at an event hosted by Politico called Regulating the Digital Gold Rush. Establishing a regulatory framework for the digital assets field, which includes cryptocurrency, stablecoin, and central bank digital currency, is a priority for Congress and the federal government at large. At the event, the senators said their legislation would cover a broad range of digital assets topics, including privacy, safety and soundness, consumer protection, taxation, and other areas addressed in the recent White House Executive Order on digital assets. The senators plan to introduce their legislation in the coming weeks, and are optimistic of a vote by the end of the year. See less -