Will Senator Lummis’ digital asset legislation provide clarity or favoritism?
The bill Senator Cynthia Lummis and Senator Kirsten Gillibrand proposed aims to clarify federal regulations on stablecoins, banking, SEC and CFTC jurisdiction, and taxes.
Latest Responsible Financial Innovation Act News
The CoinGeek Pulse Episode 90: ‘Crypto’ scams net $1B, Binance probed and global industry updates
The U.S. Federal Trade Commission released a report detailing about 46,000 people with over a median of $2,600 individual loss—this is about 60x higher than in 2018.`
Sweeping US ‘crypto’ bill elevates CFTC’s role in regulating digital assets
The Responsible Financial Innovation Act is designed to improve flexibility, innovation, transparency and consumer protections with regard to digital assets.