Senators Cynthia Lummis, Kirsten Gillibrand introduced Responsible Financial Innovation Act to create first bipartisan digital assets framework. Bill would establish legal clarity, protect consumers with disclosures, clear settlement conditions, digital ownership rights.
On June 7, 2022, Senators Cynthia Lummis (R-WY) and Kirsten Gillibrand (D-NY) introduced the highly anticipated Responsible Financial Innovation Act (the bill), which sets out to create.