Capitol Hill to Make First Attempt at Regulating Cryptocurrency
Sens. Cynthia Lummis and Kirsten Gillibrand introduced legislation Tuesday to create a regulatory framework for the crypto markets. The Lummis-Gillibrand bill would classify the vast majority of digital assets as commodities. The Responsible Financial Innovation Act would empower the Commodity Futures Trading Commission to regulate most of the industry. Sens. Kirsten Gillibrand and Cynthia Lummis … Read more