Bitcoin (BTC) and cryptocurrencies Wyoming senator with one of his strongest supporters in the US Cynthia Lummis Democrat senator in his new bill for cryptocurrencies Kirsten Gillibrand will work with.
Cryptocurrency Cooperation from US Senators!
US senators at the “Politico Live” event that took place yesterday in the crypto bill announced that they have joined forces.
senators cryptocurrencies The regulator has yet to submit the bill that promises clarity.
New York Senator Gillibrand said in his statement that they are still at the beginning of the process and that he is working with Lummis to submit the law in the next few weeks.
“The bill will cover a range of issues, including banking, taxes, privacy and consumer protection.
The bill we are working on will be a broad-based regulatory framework for how the cryptocurrency industry should potentially be regulated in the future.”
Senators Gillibrand and Lummis, who have not yet released the details, are considering the bill in question. of the SEC He said he would not change the current definitions he used for securities.
Gillibrand stated that their aim was not to change anything, and used the following statements:
“As the cryptocurrency industry grows and expands, it will create the definitions and conditions it needs.
In this context, we will take existing parameters, existing definitions, and then place different types of products in different places.”
The bill also crypto tax reporting The recently approved infrastructure law, which aims to increase security measures, also aims to answer the relevant question marks. Lummis said that the bill they are working on is in the infrastructure law. broker He also clarified the definition.