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Lummis-Gillibrand Bill Could Establish Cryptocurrency Regulation

Published: June 24, 2022

Senators Cynthia Lummis and Kirsten Gillibrand published draft of landmark legislation to regulate blockchain-based crypto assets. The bipartisan Lummis-Gillibrand Responsible Financial Innovation Act seeks to regulate the digital assets industry in a crypto-friendly manner.

Source: natlawreview.com

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United StatesInnovation LaboratoryCommodities Future Trading CommissionFederal ReserveFinancial Institutions Examination CouncilExchange CommissionTreasury Department Financial Crimes Enforcement NetworkLedger TechnologyCertificate Of Authority To Commence BankingFinancial Crimes Enforcement NetworkSenators Cynthia LummisKirsten GillibrandGillibrand Responsible Financial Innovation ActAsset IntermediaryDigital AssetsWild WestDigital CommoditiesTreasury DepartmentFinancial Crimes EnforcementReserve ActCommence BankingFederal Reserve SystemUmmis Gillibrand Responsible Financial Innovation ActSenator Cynthia LummisSenator Kirsten Gillibrand