Thursday, May 23, 2024


Regulating crypto

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Photo by Michael Förtsch on Unsplash

Two U.S. senators introduced a comprehensive bipartisan cryptocurrency bill to regulate the industry. The Responsible Financial Innovations Act, introduced by Republican Cynthia Lummis and Democrat Kirsten Gillibrand, aims to classify digital assets into securities and commodities with appropriate regulations, lighten the tax burden for crypto holders and miners, and protect consumers, among other things. We will keep you updated!

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