您现在的位置是:US lawmaker to introduce a comprehensive proposal on crypto regulations >>正文
US lawmaker to introduce a comprehensive proposal on crypto regulations
上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛4767人已围观
简介The Wyoming Senator is looking to provide clear guidance on regulations for various asset classes vi...
The Wyoming Senator is looking to provide clear guidance on regulations for various asset classes via a proposed crypto bill
Senator Cynthia Lummis is preparing to bring a comprehensive bill into congress, according to a report by Bloomberg. The said bill will enact crypto users' protection and provide guidance on assets and their classification. It will also provide guidance on the regulation of stablecoins and also define how the digital assets should be taxed, Bloombergreported on Thursday.
A Bitcoin proponent, Lummis has been a long-time champion for favourable crypto regulations. Her proposed bill, if approved, would go a long way in clarifying the situation on current laws and the status of digital assets in the US. The proposal will seek to establish an oversight body under the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) joint jurisdiction.
Even before election to her political seat, Senator Lummis was a Bitcoin advocate having fiercely defended the asset. In fact, she is one of the few politicians to have accepted campaign donations in crypto; her website took contributions in Bitcoin via BitPay. In a recent op-ed, she questioned the nominations of Jerome Powell and Lael Brainard to the Federal Reserve as their political handling of digital assets stood in the way of crypto in Wyoming.
A divided house, literally
Senator Lummis has got her work cut out, and she knows that it won't be easy to get the house to agree on her proposal. The Republican lawmaker currently sits at the Senate Banking Committee and will be hoping to gain assistance in normalising digital assets in the country through regulations.
On her Twitter platform, the Senator has urged voters to push their Senators towards supporting the bill as she seeks bipartisan cosponsors from a relatively split house as far as digital assets are concerned.
For any regulation to be put to the vote at the floor of the house, a minimum of 60 votes is constitutionally required, with the house currently split 50 – 50, Democrats – Republicans. Vice President Kamala Harris holds the deciding tiebreaker vote if need be.
The Wyoming Senator declared her ownership of Bitcoin in October as required by the Stop Trading on Congressional Knowledge Act. Lummis revealed that she made the purchase in August – a disclosure that crowns her as a Bitcoin evangelist in the political circle of regulations. As per a Wall Street Journalreport, the only other member of the Senate Banking Committee with direct crypto exposure is Senator Pat Toomey.
Elsewhere in the House of Representatives, questions have arisen on crypto ownership and other digital assets. Congressional Representative Alexandria Ocasio-Cortez, who sits on the House of Representatives' Financial Services Committee, recently spoke out, saying owning these assets could well cloud the judgement of lawmakers, as they are privy to "sensitive information and upcoming policy."
Tags:
转载:欢迎各位朋友分享到网络,但转载请说明文章出处“上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛”。http://www.jz08.com.cn/news/819376.html
相关文章
RealFevr Raises €10 Million to Build the Ultimate Web3 GameFi Sports Ecosystem
US lawmaker to introduce a comprehensive proposal on crypto regulationsLisbon, Portugal, 31st October, 2022, ChainwireThe Web3 Portuguese startup is boosting the Sports Ga...
阅读更多
Exponetially self
US lawmaker to introduce a comprehensive proposal on crypto regulationsBy subscribing, you agree to our Terms of Use and Policies You may unsubscribe at any time.A team of...
阅读更多
Flexible X
US lawmaker to introduce a comprehensive proposal on crypto regulationsBy subscribing, you agree to our Terms of Use and Policies You may unsubscribe at any time.Researche...
阅读更多
热门文章
- QuEra plots course to crack error
- Ethereum transitions to PoS after completion of the Merge
- Aiper: Lose one more chore with cordless pool cleaning bots
- Researchers developed a robotic sensory system that can identify textures
- SunZia: Record $11B fund for America's clean energy future
- Binance US introduces Ethereum staking ahead of The Merge
最新文章
South Korea’s 2nd largest city Busan partners with FTX for a local exchange
Is MATIC retracement an opportunity to buy the token?
HSBC trials tool to deter quantum
A bullish breakout from the inside bar setup makes BNB return to $326 realistic
This transparent wood may soon be used in your phone screens
Asia Broadband Inc. seeks to further unite crypto and gold