Us Senator To Introduce New Comprehensive Crypto Bill Next Year: Report: Free Crypto Signals - https://t.me/s/freebitmexsignals
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A US Senator known for her crypto advocacy is reportedly planning to introduce a bill next year that would overhaul how regulators treat digital assets.
Republican Senator Cynthia Lummis of Wyoming, who herself owns Bitcoin (BTC), intends to propose a sweeping bill in 2022 that would change how crypto assets are taxed and categorized, according to Bloomberg.
A senior official for Lummis told Bloomberg that if passed, the legislation would give guidelines to regulatory groups on how to properly classify digital assets, offer protections for investors and regulate stablecoins.
It would also create a brand new agency under the direction of the Commodity Futures Trading Commission (CFTC) and the U.S. Securities and Exchange Commission (SEC) to supervise the crypto market, though no name for the organization was given.
Lummis, who bought $50,000 to $100,000 worth of BTC in August according to an SEC disclosu
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