Highly Anticipated Bill Aimed at Regulatory Clarity for Crypto To Hit Washington: Report

Highly Anticipated Bill Aimed at Regulatory Clarity for Crypto To Hit Washington: Report


Two US Senators are about to introduce a new bill to Congress aimed at creating a comprehensive regulatory framework for the crypto industry.

According to a recent report by Politico, Republican Senator Cynthia Lummis of Wyoming and Democrat Senator Kirsten Gillibrand of New York are prepared to unveil the highly-anticipated bipartisan bill on June 7th.

Though the coming iteration of the bill may change or be rejected, prominent figures in the industry are already speculating on how it could affect the crypto space.

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Miles Jennings, a crypto lawyer and head of decentralization at venture capital giant Andreessen Horowitz, says that he expects crypto leaders to be disappointed by how much freedom the legislation gives the U.S. Securities and Exchange Commission (SEC) to rule on which

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