Senator Lummis to Propose Crypto Bill to Committee Next Year

Republican Senator Cynthia Lummis, known as a bitcoin supporter on the Senate Banking Committee, plans to introduce a comprehensive bill on digital assets next year.

The bill has a lot to do with how digital assets should be taxed, including how to classify consumer rights protection. detailed and comprehensive contains the subject.

To Bloomberg, the senator’s senior aide;

Law draft, if passed by the committee to regulators different asset classes, consumer rights protection, regulation of stablecoins, and joint supervision of digital assets by the Trade Commission and the United States Securities and Exchange Commission (SEC) about guidance it will.

said.

Known for his investments in crypto, Lummis is seen by investors as one of the proponents of the crypto industry.

The bill is for the growing crypto industry, with the Senate split on cryptocurrency regulations. first draft with detailed rules It will be one of his attempts.

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