Cryptocurrency Bill Aims to Fix Scattershot Regulation, but Needs Fine-tuning
Sens. Cynthia Lummis, R-Wyo., and Kirsten Gillibrand, D-N.Y., last week introduced the Responsible Financial Innovation Act, which seeks to remove some of the risk that regulators have created in the bitcoin and cryptocurrency space. The bill aims to more clearly define which cryptocurrencies are securities subject to Securities and Exchange Commission oversight, and which are…
Peter St. Onge